Freddie Mac’s latest Primary Mortgage Market Survey (PMMS) shows the average 30-year fixed-rate mortgage (FRM) fell to 6.15% ...
Mortgage rates decreased again on Thursday, reaching a new 11-month low, a day after the Federal Reserve lowered its benchmark interest rate for the first time in nine months, as was widely ...
It wasn't that long ago when the average mortgage interest rate was comfortably over 7%. In August 2023, for example, the average rate on a conventional 30-year term was 7.31%, marking the ...
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