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The average 30-year mortgage rate has fallen to its lowest level since February 2023
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their loans to a lower rate, also eased.
Average rate on a 30-year mortgage falls to 6.09%, lowest level since early February 2023
The average rate on a 30-year mortgage in the U.S. edged closer to 6 percent this week to its lowest level since early February 2023. The rate fell to 6.09 percent from 6.20 percent last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.19 percent.
Average rate on 30-year mortgage falls to 6.09%, according to Freddie Mac, hovering at lowest level since February 2023
Average rate on 30-year mortgage falls to 6.09%, according to Freddie Mac, hovering at lowest level since February 2023
Mortgage rates fall to lowest level in two years: Here’s how much money you need to buy a $400,000 home
Mortgage rates fell to the lowest level in two years a day after the Federal Reserve cut its benchmark interest rate. The 30-year fixed-rate mortgage averaged 6.09% as of Sept. 19, according to data released by Freddie Mac on Thursday.
Mortgage rates are coming down — and home buyers are ready to pounce
Homebuyers are rushing to take advantage of lower mortgage rates following the Federal Reserve’s recent interest rate cut.
Mortgage rates dip to lowest level since early 2023 after Fed rate cut
Mortgage rates declined to their lowest level since February 2023 after the Federal Reserve instituted a significant interest rate cut. In the past week, the standard 30-year, fixed-rate mortgage averaged 6.
GlobeSt.com
21h
Multifamily Investment Conditions Mixed as Market Works to Stabilize
Second-quarter multifamily apartment investment conditions were mixed across the country with 14 markets up, nine markets ...
3h
Treasury Yields Snapshot: September 20, 2024
The yield on the 10-year note ended September 20, 2024, at 3.73%, the 2-year note ended at 3.55%, and the 30-year at 4.07%.
3d
Appraiser BBG appoints new CEO after Freddie Mac freeze
Chris Roach will be stepping down as the CEO of the appraisal firm BBG and will be replaced by the firm’s CFO Bill Britain ...
8d
Trump Allies Are Working on Plans to Privatize Fannie and Freddie, WSJ Reports
(Reuters) - Allies of Republican U.S. presidential candidate Donald Trumps and bankers have been discussing plans on ending U ...
10d
Freddie Mac taps former PNC exec Diana Reid as its new CEO
The website you are visiting is protected and accelerated by Incapsula. Your computer may have been infected by malware and ...
1d
on MSN
'I would get out there': Shark Tank's Barbara Corcoran says Fed rate cuts would cool mortgage rates, but there's a downside — why waiting to buy a home might not del…
Car insurance premiums in America are through the roof — and only getting worse. But 5 minutes could have you paying as ...
nationalmortgageprofessional.com
10d
Freddie Mac Names Diana Reid Its New CEO
Industry veteran Diana Reid has been appointed CEO by the government-sponsored enterprise’s (GSE) Board of Directors, to ...
1d
Greystone Provides $41.5 Million in Freddie Mac Financing for Multifamily Property in Florida
NEW YORK, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has ...
HousingWire
3d
Highly leveraged loans on the GSEs’ books are a real fiscal danger, Calabria argues
Former FHFA director Mark Calabria said that a larger credit box has caused Fannie Mae and Freddie Mac to take on too much ...
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