Photo: Vita Vilcina / Unsplash. Illustrative real-estate image; not a photograph of a specific property or company discussed in this article. Buyers finally caught a small break this week, but it's a small one. The average 30-year fixed mortgage rate fell to 7.32% from 7.40% a week earlier, according to Freddie Mac's weekly survey released Thursday. The 15-year fixed rate dipped to 6.68% from 6.71%. The 15-year move is even smaller in dollars. On a $300,000 15-year loan, a drop…
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Mortgage Rates Fell to 7.32%. They’re Still More Than a Point Above Last Year
The average 30-year mortgage rate slipped to 7.32%, but remains above last year. How the change compares with price cuts, concessions and household budgets.
