Mortgage rates fall for second straight week – CNN | CarTailz

Mortgage rates fell again this week after falling almost half a percentage point last week. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.58% in the week ended November 23, compared to 6.61% the week before. A year ago, the 30-year fixed rate was 3.10%. Mortgage rates have risen for most of 2022, spurred … Read more

Mortgage Rates Plunge, Biggest Weekly Drop Since 1981 – CNN | CarTailz

Editor’s note: Freddie Mac, which has tracked weekly average mortgage rates since 1971 and has regularly made changes to its primary mortgage market survey, has changed the source of its November 17, 2022 data. Instead of surveying lenders, the weekly results are based on applications received from lenders submitted to Freddie Mac. Find out more … Read more

Mortgage rates take a breather after rising for several weeks – CNN | CarTailz

After rising for six straight weeks, mortgage rates fell last week. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.66% for the week ended October 5, up from 6.70% the week before. Mortgage rates have more than doubled since the beginning of this year as the Federal Reserve continues its unprecedented campaign of raising … Read more