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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
30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut
The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in buying, selling and remortgaging, economists said.
Average mortgage rate falls
The rate fell to 6.09% after finishing last week at 6.20%, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.19%. The last time the average rate was this low was on February 2,
GlobeSt.com
9h
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 ...
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 ...
7d
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 ...
HousingWire
10d
Meet Diana Reid, the former PNC exec who was just hired to lead Freddie Mac
After several months of searching, Freddie Mac has found a new CEO by hiring former PNC Financial Services executive Diana ...
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 ...
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
What are mortgage and interest rates in Arizona today? Here's how much can you save
Mortgage rates are lower than they have been since early last year. Homebuyers and homeowners refinancing can now save ...
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 ...
ConsumerAffairs
1d
Mortgage rates appear ready to slip below 6%
Maybe it’s just a coincidence, but the week the Federal Reserve cut its key interest rate for the first time in four years, ...
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