The numbers: Applications for mortgages inched up as mortgage rates fell for the sixth week in a row. The 30-year fell to the ...

Mortgage rates dropped to 6.29% last week, the lowest rate since February 2023, helping to push the volume of applications higher by 1.4%, according to Mortgage Brokers Association (MBA) data.

Mortgage rates plummeted this week after ... Mortgage rates plunge to lowest level in ... That’s down substantially from last week’s average of 6.73% and marks the lowest level since May 2023.

After shooting to a one-year high two weeks ago, 30-year mortgage rates have fallen six of the last eight days and are now down to early-May levels.

Mortgage rates tumbled on Friday to their lowest since April 2023 after a weak jobs report sent bond yields sharply lower and boosted Wall Street's expectations for an interest rate cut from the ...

Mortgage rates fall to the lowest level since May 2023, and refinances surge 16% Average rate for a 5/1 adjustable-rate mortgage fell below 6%, industry group says Published: Aug. 7, 2024 at 7:00 ...

The average rate on a 30-year mortgage in the US edged closer to 6% this week to its lowest level since early February 2023.. The rate fell to 6.09% from 6.20% last week, mortgage buyer Freddie ...

The rate for adjustable-rate mortgages was down to 5.85% from 5.98%. The big picture: Even though rates are at a 19-month low, home-buying activity has barely picked up as people hold back.

Rates dropped to 6.29% for the 30-year, fixed-rate mortgage, the lowest rate measured by the Mortgage Brokers Association since February 2023, which helped push mortgage demand higher. Skip to content ...

"Mortgage rates declined for the sixth consecutive week, with the 30-year fixed rate decreasing to 6.29 percent, the lowest rate since February 2023," said Joel Kan, MBA’s vice president and ...

Mortgage rates plunge to lowest level since February 2023 Home-buying activity is slowly inching up while refinances are up 106% from a year ago, industry group says Published: Sept. 11, 2024 at 7 ...

“Mortgage rates have fallen more than half a percent over the last six weeks and are at their lowest level since February 2023,” Sam Khater, Freddie Mac’s chief economist, said in a release.