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Mortgage rates fall to lowest level in two years: Here’s how much money you need to buy a $400,000 home
Mortgage rates fell to the lowest level in two years a day after the Federal Reserve cut its benchmark interest rate. The 30-year fixed-rate mortgage averaged 6.09% as of Sept. 19, according to data released by Freddie Mac on Thursday.
The average 30-year mortgage rate has fallen to its lowest level since February 2023
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their loans to a lower rate, also eased.
Average rate on a 30-year mortgage falls to 6.09%, lowest level since early February 2023
The average rate on a 30-year mortgage in the U.S. edged closer to 6 percent this week to its lowest level since early February 2023. The rate fell to 6.09 percent from 6.20 percent last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.19 percent.
Average rate on 30-year mortgage falls to 6.09%, according to Freddie Mac, hovering at lowest level since February 2023
Average rate on 30-year mortgage falls to 6.09%, according to Freddie Mac, hovering at lowest level since February 2023
Here's how far mortgage rates have dropped already this year
After years of high mortgage rates that left countless would-be homeowners on the sidelines, the tide is finally turning in favor of those looking to enter the housing market. This week, the Federal Reserve slashed its benchmark rate by 50 basis points,
Mortgage rates dip to lowest level since early 2023 after Fed rate cut
Mortgage rates declined to their lowest level since February 2023 after the Federal Reserve instituted a significant interest rate cut. In the past week, the standard 30-year, fixed-rate mortgage averaged 6.
4d
Appraiser BBG appoints new CEO after Freddie Mac freeze
Chris Roach will be stepping down as the CEO of the appraisal firm BBG and will be replaced by the firm’s CFO Bill Britain ...
9d
Trump Allies Are Working on Plans to Privatize Fannie and Freddie, WSJ Reports
(Reuters) - Allies of Republican U.S. presidential candidate Donald Trumps and bankers have been discussing plans on ending U ...
HousingWire
11d
Meet Diana Reid, the former PNC exec who was just hired to lead Freddie Mac
After several months of searching, Freddie Mac has found a new CEO by hiring former PNC Financial Services executive Diana ...
11d
Freddie Mac taps former PNC exec Diana Reid as its new CEO
The website you are visiting is protected and accelerated by Incapsula. Your computer may have been infected by malware and ...
nationalmortgageprofessional.com
11d
Freddie Mac Names Diana Reid Its New CEO
Industry veteran Diana Reid has been appointed CEO by the government-sponsored enterprise’s (GSE) Board of Directors, to ...
1d
Treasury Yields Snapshot: September 20, 2024
The yield on the 10-year note ended September 20, 2024, at 3.73%, the 2-year note ended at 3.55%, and the 30-year at 4.07%.
2d
Greystone Provides $41.5 Million in Freddie Mac Financing for Multifamily Property in Florida
NEW YORK, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has ...
GlobeSt.com
2d
Multifamily Investment Conditions Mixed as Market Works to Stabilize
Second-quarter multifamily apartment investment conditions were mixed across the country with 14 markets up, nine markets ...
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