March 24, 2023 Mortgage Rates: Steady or Sinking?
TL;DR
Mortgage rates have dropped significantly, with the 30-year mortgage average falling by more than a quarter percentage point. The 30-year average is now at 6.65%, its lowest level since February 9. Refinancing rates have also decreased, with the 30-year refi average dropping by 29 basis points. Jumbo 30-year rates remain steady at a 5.77% average. The Federal Reserve's bond-buying policy and competition between lenders are among the factors that influence mortgage rates.
- Today's Mortgage Rates & Trends - March 24, 2023: Rates Sink Investopedia
- Today's Mortgage, Refinance Rates: March 25, 2023 | Rates Down to Mid-February Levels Business Insider
- Still time to save: Today's 30-year mortgage rates hold steady at 5.875% | March 24, 2023 Fox Business
- Mortgage Rates for March 24, 2023: Rates Ease CNET
- Today’s mortgage rates for March 24, 2023 NJ.com
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