From Clarín · Agencia AP · · 40s
US Mortgage Rates Drop for Fourth Straight Week
US mortgage rates fall for fourth straight week, easing home buying pressure.
In brief
US mortgage rates fall for fourth straight week, easing home buying pressure. US 30-year fixed mortgage rates dropped to 7.11% from 7.18% in the past week, the lowest since September 24. Originally reported by Clarín.
US Mortgage Rates Drop
US 30-year fixed mortgage rates dropped to 7.11% from 7.18% in the past week, the lowest since September 24.
15-Year Mortgage Rates Fall
US 15-year fixed mortgage rates dropped to 6.45% from 6.57% in the past week, the lowest since last year.
Mortgage Rates Influence Factors
Mortgage rates are influenced by inflation, Federal Reserve policy, and investor expectations about the economy.
The takeaway
US 30-year fixed mortgage rates dropped to 7.11% from 7.18% in the past week, the lowest since September 24.
