Mortgage rates slip to 6.48% as Freddie Mac reports weekly decline

1 min read
Source: AP News
Mortgage rates slip to 6.48% as Freddie Mac reports weekly decline
Photo: AP News
TL;DR

Freddie Mac says the average 30-year fixed mortgage rate fell to 6.48% for the latest week, easing borrowing costs for buyers and refinancers, though rates remain well above historical norms and affordability remains a hurdle amid high home prices and economic uncertainty.

Share this article

Want the full story? Read the original reporting

Read on AP News