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Mortgage Refinance Rates Today: 30-Year Drops to 6.6%
Mortgage refinance rates edged down again today, giving some relief to homeowners looking to lock in better terms. According to data, 30-year refinance rates fell to 6.6%, continuing a downward trend for August. Here’s a breakdown of today’s average rates by loan type:
Another decrease in mortgage increase rates has led to an uptick in home loans, as well as homebuyers looking to refinance.
Average mortgage rates dipped in July, according to Freddie Mac. The average 30-year fixed-rate mortgage was 6.72%, 10 basis ...
The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, down slightly from 6.74% last week ...
During the last three years, mortgage rates have been on the rise. In early 2022, the average 30-year fixed rate was 4.72% and the 15-year fixed rate was 3.91%. Rates reached a recent peak ...
Economists generally expect the average rate on a 30-year mortgage to remain above 6% this year. Recent forecasts by ...
When rates drop, homeowners can look at not only lowering their existing mortgage rate, but also shortening their loan term, ...
Mortgage rates have dropped, but it's not likely tied to the latest Fed news. Here’s why waiting for a Fed rate cut could be ...
Last week, the Fed again held its policy rate steady, but more signs are emerging that cuts are likely to happen sooner ...
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