After adding points the previous business day, 30-year mortgage rates moved lower, in line with the recent trend. Other loan types saw mixed movement.

High mortgage rates aren't the only reason why homeownership has become a challenge. As mortgage rates soared in 2022, home prices hit record highs and an inventory shortage persi

After surging to their highest level in nearly six months last week, 30-year mortgage rates declined. Most other loan types shed basis points as well.