Federal Home Loan Mortgage Corporation (FMCCG)
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- Fox Business
Mortgage rates dip below 7%
The average rate for a 30-year fixed-rate mortgage dropped below 7% this week for the first time in over as month as affordability issues continue to weigh on the housing market.
- Barrons.com
Mortgage Rates Drop Below 7%. It May Not Last.
Mortgage rates are widely expected to decline when the Federal Reserve cuts rates—but the timing is uncertain.
- Fox Business
Mortgage rates drop for second straight week to 7.02%
Mortgage rates are down for the second week in a row, with the 30-year fixed rate averaging 7.02% and the 15-year note falling to 6.28% as the housing affordability crisis drags on.
