Mortgage rates fall again, but high home prices persist
This week, mortgage rates continued their downward trend, coinciding with a surge in demand for home purchases.
However, persistently high home prices pose a significant obstacle for many prospective buyers.
According to Freddie Mac’s latest Primary Mortgage Market Survey, the average rate for the 30-year fixed-rate mortgage dropped to 7.03% this week, a decrease from 7.22% the previous week but an increase from 6.33% a year ago.
The rate for a 15-year fixed mortgage also saw a decline, averaging 6.29% compared to 6.56% last week and 5.67% a year ago, Fox Business reported.
READ MORE: https://www.foxbusiness.com/economy/mortgage-rates-fall-high-home-prices-persist
Links for B.C.
Visit My Website
https://bcbegley.com
Follow Me On Facebook
https://www.facebook.com/B.C.Begley
Subscribe To My Patreon
https://www.patreon.com/bcbegley
Watch Me On YouTube
https://www.youtube.com/channel/UCGoUf-QQTlTN-BIh3ERCE9A
Follow Me On Twitter
https://twitter.com/BC_News1
Watch Me On Rumble
https://rumble.com/c/c-280191
Follow Me On Gab
https://gab.com/BC_Begley
-
1:08
B.C. Begley
15 hours agoTrump Pledges Creation of Commission on Presidential Assassination Attempts
38 -
18:51
Tundra Tactical
17 hours agoVeteran ROASTS your favorite firearms (and your generation)!
56K44 -
16:57
Film Threat
15 hours agoTHE CROW | Film Threat Reviews
42K20 -
22:39
Misha Petrov
20 hours agoI Took The “Am I Fatphobic?” Quiz
54.5K45 -
6:50
The Gun Collective
1 day agoTop things WRONG with this gun...
50.7K13 -
12:51
Liam Reid
16 hours ago9-Year-Old 250 2 Stroke vs Modern 4 Stroke!
69.2K31 -
7:20
Adam Does Movies
20 hours agoBlink Twice Movie Review - A Thrilling Start For Zoë Kravitz
61.6K11 -
1:37:26
Game On!
17 hours ago $6.41 earnedCollege Football 2024 Has ARRIVED!
67.3K5 -
26:27
barstoolsports
1 day agoCo-Workers Survive a Week Together At Summer Camp
87.8K5 -
44:10
TampaAerialMedia
10 hours agoPigeon Forge 2024 Travel Guide
54.3K7