Average rate on a 30-year mortgage falls to 6.47%, lowest level in more than a year
The average 30-year, fixed-rate mortgage fell to 6.47%, Freddie Mac said, while the 15-year fixed rate came in at 5.63%—both at their lowest points in more than a year.
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The story so far
3 developments- Aug 2, 2024Mortgage rates plunge to the lowest level in over a year after weak employment report
- Aug 7, 2024Only lean-left coverage:Mortgage rates drop sharply, with 30-year at 6.47%
- Aug 8, 2024Average rate on a 30-year mortgage falls to 6.47%, lowest level in more than a year
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Quiet for 782 daysLast development · Aug 8, 2024 — Average rate on a 30-year mortgage falls to 6.47%, lowest level in more than a year
Left
5 viewpointsAverage rate on a 30-year mortgage falls to lowest level in more than a year
Weekly mortgage refinance demand soars 16% as rates sink to lowest level in over a year
Center
9 viewpointsMortgage Rates Haven’t Been This Low in More Than a Year, Freddie Mac Says
Right
3 viewpointsAverage rate on a 30-year mortgage falls to 6.47%, lowest level in over a year
Mortgage rates fall to 6.47%, lowest level in more than a year, as Fed cut looms
Mortgage demand roars back to life as rates drop to lowest level in a year
Today's mortgage rates continue to plummet for 15- and 30-year terms