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30-Year Mortgage Rates Fall for a Second Day
Every Thursday, Freddie Mac, a government-sponsored buyer of mortgage loans, publishes a weekly average of 30-year mortgage rates. This week's reading dipped 2 basis points to 6.81%. Last September, the average sank as far as 6.08%. But back in October 2023, Freddie Mac's average saw a historic rise, surging to a 23-year peak of 7.79%.
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By any standard, Shant Banosian’s success in the mortgage business over the last 18 years has been remarkable. He’s not just ...
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The average rate on a 30-year mortgage in the U.S. eased this week, though it remains close to its highest level in more than ...
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