The 30-year fixed-rate mortgage fell by 0.06% week-over-week to 6.50%, according to Freddie Mac, marking a year-to-date low and the lowest rate since October 2024. However, lower mortgage rates have only resulted in a “trickle” of new homebuyers, said Redfin in a report on Thursday, adding that the median U.S. monthly housing payment of $2,593 is now at its lowest …
Read More »U.S. Mortgage Rates Drop to 2025 Low as Homebuyers ‘Trickle’ In
