Tag: Mortgage Rates drop

Despite average mortgage rates remaining above 6%, new home buyers are receiving lower rates, UBS homebuilders and building products analyst John Lovallo revealed. According to Lovallo, recent buyers who are purchasing newly built homes are paying mortgage rates of 5% or less - below the...

U.S. mortgage rates declined for a fourth consecutive week, with the average rate on the 30-year fixed mortgage falling to 6.28% from 6.32% the week before, Freddie Mac reported. Despite this decline, rates don't seem to have fallen enough the convince homeowners to list their...

The 30-year mortgage rate declined to 6.33% this week from 6.49% the week prior, Freddie Mac reported. This is the lowest point that mortgage rates have hit since September. Weaker homebuyer demand has led to a significant drop in mortgage rates, particularly in the midst...

This week has finally brought some relief for the U.S. homebuyers after months of surging mortgage rates and high prices on the house markets. According to Freddie Mac, the 30-year fixed mortgage dipped to 4.99% this week. This is 0.31% lower than last week...

Homebuyers finally managed to catch a break after weeks of increasing mortgage rates and hikes in home prices. According to Freddie Mac, the 30-year fixed mortgage has dropped for the second straight week and is now at 5.30%. The mortgage rate previously peaked at...