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Mortgage rates dropped below 7% for 1st time in more than a month

发表于 : 24 5月 2024, 07:41
Nimitz

Mortgage rates dropped to a below 7% mark for the first time in over a month, which coupled with a greater supply is an encouraging sign for the housing market, according to the Freddie Mac Primary Mortgage Survey.

30-year fixed-rate mortgages averaged 6.94% as of May 23, down from 7.02% last week and higher than 6.57% in the same period a week ago.

15-year fixed-rate mortgages averaged 6.24%, compared to 6.28% a week ago and 5.97% a year ago.

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