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Mortgage rates fall below 7%, but affordability remains a dream for many: Freddie Mac
FOX Business· 2 days agoMortgage rates are back down below 7% this week. A 30-year fixed-rate mortgage averaged 6.94%,...
Today's mortgage rates hold steady for 30-year terms while 15-year terms edge up | May 23, 2024
FOX Business· 3 days agoThe interest rate on a 30-year fixed-rate mortgage is 6.875% as of May 23, which is unchanged from...
High Mortgage Rates To Dampen Home Sales, Though Slight Recovery Expected, Says Fannie Mae
Benzinga via Yahoo Finance· 2 days agoFannie Mae’s Economic and Strategic Research Group has adjusted its outlook for the U.S. housing...
US existing home sales slip in April on still high mortgage rates
Digital Journal· 4 days agoExisting home sales in the United States crept lower in April as mortgage rates remained elevated,...
Home sales unexpectedly drop nearly 2% in April amid high mortgage rates and rising prices
NY Post via Yahoo Finance· 4 days agoExisting home sales fell 1.9% to a seasonally adjusted annual rate of 4.14 million in April,...
Daily mortgage rates for May 23, 2024: Steady rates
USA Today· 3 days agoMortgage rates are trending across the board. Today’s 30-year fixed mortgage rate is 7.46% which is higher than last week's 7.37%, according ...
Pros and cons of an adjustable-rate mortgage (ARM)
Bankrate via AOL· 1 day agoARMs tend to work best for those who know they’ll sell the home after a few years or can afford large periodic jumps in payments. With mortgage rates...
Home Sales Fell Again in April After High Mortgage Rates Damped Activity
The Wall Street Journal· 4 days agoAlexandra Perkinson and Brian Russman said they were drawn to the natural beauty of Asheville, N.C....
Long-term mortgage rates ease for third straight week, dipping to just below 7%
Seattle Times· 3 days agoThe rate fell to 6.94% from 7.02% last week, mortgage buyer Freddie Mac said Thursday. This is the...
High Mortgage Rates To Dampen Home Sales, Though Slight Recovery Expected, Says Fannie Mae
Benzinga· 2 days agoDespite the forecasted slowdown, the group anticipates a slight uptick in housing starts, mortgage...