The average rate on a 30-year U.S. mortgage fell again this week, echoing a decline in long-term U.S. Treasury bond yields ahead of the Federal Reserve’s first rate cut this year. The rate eased to 6.26% from 6.35% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.09%. Borrowing costs on 15-year fixed-rate mortgages, popular …
Read More »The average rate on a 30-year U.S. mortgage fell again this week, echoing a decline in long-term U.S. Treasury bond yields ahead of the Federal Reserve’s first rate cut this year. The rate eased to 6.26% from 6.35% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.09%. Borrowing costs on 15-year fixed-rate mortgages, popular …
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U.S. Treasury yields fell on Wednesday after the latest job openings data came in lighter than expected. The yield on the 30-year Treasury bond was down 8 basis points to 4.891%. The yield on the benchmark 10-year Treasury was more than 7 basis points lower at 4.205%. One basis point equals 0.01% and prices move inversely to yields. The move …
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The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly 10 months, giving prospective homebuyers a sorely needed boost in purchasing power that could help inject life into a stagnant housing market. The long-term rate fell to 6.58% from 6.63% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged …
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MCLEAN, Va. — The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly 10 months, giving prospective homebuyers a sorely needed boost in purchasing power that could help inject life into a stagnant housing market. The long-term rate fell to 6.58% from 6.63% last week, mortgage buyer Freddie Mac said Thursday. A year …
Read More »The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly 10 months, giving prospective homebuyers a sorely needed boost in purchasing power that could help inject life into a stagnant housing market. The long-term rate fell to 6.58% from 6.63% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate …
Read More »US 30-Year Mortgage Rate Declines by Most Since February Bloomberg.com Weekly mortgage refinancing demand shoots 23% higher, with riskier loans making a comeback CNBC Homeowners rush to refinance as mortgage-rate plunge opens ‘window of opportunity’ MarketWatch Current mortgage rates report for Aug. 13, 2025: Rates drop again Fortune When will mortgage rates go down? Predictions about mortgage rates in 2025 and 2026. Yahoo Finance Source …
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