Home » today » Business » “Mortgage Rates Drop Amid Bank Sector Volatility and US Central Bank Plans”

“Mortgage Rates Drop Amid Bank Sector Volatility and US Central Bank Plans”

By the Numbers: Mortgage rates edged down on banking sector volatility and US central bank indication it would halt interest rate hikes

The 30-year fixed-rate mortgage averaged 6.39% as of May 4, according to data released Thursday by Freddie Mac.

That’s down 4 basis points from the previous week – one basis point…

2023-05-06 18:04:12
#Mortgage #rates #fall #Fed #signals #pause #interest #rate #hikes #Realtors #hoping #busy #spring #housing #season #CBS

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.