US Mortgage Rates Dropped To Lowest Level In 4 Months (UK Mortgages With Rates Below 1% Heats Up)
by confoundedinterest17 (Bloomberg) — Mortgage rates in the U.S. dropped to the lowest level in four months. The average for a 30-year loan was 2.93%, down from 2.96% last week and lowest since Feb. 18, Freddie Mac said Thursday. “Mortgage rates continue to drift down as markets concur with the view that inflation increases are temporary,” said Sam Khater, chief economist at … Read more