US mortgage rates ease to 6.48%, slips from from nine-month high
The average rate for a 30-year fixed mortgage eased to 6.48% last week, offering slight relief to homebuyers. This decline follows a recent climb to a nine-month high, influenced by inflation concerns and elevated oil prices. Despite the dip, rates remain higher than earlier this year, continuing to impact the challenging housing market.
The average rate for a 30-year fixed mortgage eased to 6.48% last week, offering slight relief to homebuyers. This decline follows a recent climb to a nine-month high, influenced by inflation concerns and elevated oil prices. Despite the dip, rates remain higher than earlier this year, continuing to impact the challenging housing market.
