Long-Term Mortgage Rates Ease for Third Straight Week, Dipping to Just Below 7% LOS ANGELES (AP) — The average rate on a 30-year mortgage dipped this week to just below 7% for the first time ...
Long-Term Mortgage Rates Retreat for Second Straight Week, US Average at 7.02% The average rate on a 30-year mortgage in the U.S. fell for the second straight week, giving some relief to home ...
This is the third straight weekly decline in the average rate. The recent pullbacks follow a five-week string of increases ...
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also declined this week, trimming the average rate to 6.24% from 6.28% last week. A year ago ...
Until then, mortgage rates are unlikely to ease significantly, economists say. After climbing to a 23-year high of 7.79% in October, the average rate on a 30-year mortgage stayed below 7% this ...