Average rate on 30-year mortgage eases for second week in as row, but remains just below 7%
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying season.
These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated until inflation comes down ...
Lenders want to attract borrowers who don't want to take an expensive two-year fix, but also don't want to wait five years until they can next remortgage.
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
The average 30-year mortgage rate was 6.95% this week compared with 6.96% a week earlier, according to Freddie Mac data.
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