By Ann Saphir (Reuters) -The interest rate for the most popular U.S. home loan dropped to 6.67% last week, the lowest rate since early April, triggering a rush of homeowners seeking to lock in cheaper financing on existing mortgages but doing relatively little to draw new homebuyers into the market. The average contract rate on a 30-year fixed-rate mortgage fell …
Read More »US 30-year mortgage rate dropped last week, refi applications surged
