Average 30-year US mortgage rate falls to 6.43%, its lowest level in seven weeks

The average long-term U.S. mortgage rate fell this week to its lowest level since mid-May, easing borrowing costs for prospective homebuyers. The benchmark 30-year fixed rate mortgage rate fell to 6.43% from 6.

As mortgage rates hit a 7-week low, we asked 6 pros where rates are headed next

‘If buyers are financially well-positioned for homeownership, long-term data in the U.S. has shown it’s a good investment versus renting,’ one pro tells us.
The Manila Times

Mortgage Rates Decline

Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.43%. "The 30-year fixed-rate mortgage eased slightly this week averaging 6.

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Average 30-year mortgage rate sticking near 6.5%

The average long-term U.S. mortgage rate edged higher this week, staying close to 6.5%, where it's been the last six weeks.