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"With borrowing costs elevated, buyers can take steps to reduce their housing expenses by securing a lower mortgage rate," said Hannah Jones, senior research analyst at Realtor.co ...
During the last three years, mortgage rates have been on the rise. In early 2022, the average 30-year fixed rate was 4.72% and the 15-year fixed rate was 3.91%. Rates reached a recent peak in late ...
The rate gap between the average two and five-year fixed-rate mortgage has shrunk to its narrowest level in two years, according to a financial information website. At the start of January, the ...
Average 30-year mortgage rates were around 6.71% in April, an increase from the previous month. Rates are expected to ease a bit this year. But with so much uncertainty in the economy, that ...
The rate on a 15-year fixed-rate loan decreased by 0.04 percentage points to an average of 5.99%. Mortgage rate ... rates track the yields on the 10-year Treasury note. Average mortgage rates are ...
Economists expect mortgage rates to remain volatile in coming months, though they generally call for the average rate on a 30-year mortgage to remain above 6.5% this year. “Homebuyers would like to ...
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, eased. The average rate dropped to 5.89% from 5.92% last week. It’s down from 6.38% a year ...
The average rate remained at 5.82%, but is down 6.16% a year ago, Freddie Mac said. Mortgage rates are influenced by several factors, including global demand for U.S. Treasurys, the Federal ...