Tuesday, to their lowest average in almost six weeks. Rate movement was mixed for other new purchase loan types.
After falling for four days and then holding at that level for another day, rates on 30-year mortgages added points Thursday, ...
The average rate on a 30-year mortgage in the U.S. eased this week to just below 7%, its first decline after climbing five ...
The elevated mortgage rates have discouraged home shoppers, prolonging a national home sales slump that began in 2022.
Mortgage rates are likely to remain elevated through at least the first half of the year, keeping sales of previously owned homes subdued.
The average rate on a 30-year mortgage in the U.S. ticked up this week to slightly above 7%, the highest level in eight ...