30-Year Mortgage Rate Drops, Offering Homebuyers Relief from High Prices
Monday, 15 July 2024, 17:10
30-Year Mortgage Rate Drop
The average rate on a 30-year mortgage has fallen, providing relief to homebuyers.
Lower Borrowing Costs
The rate is now at 6.89%, offering reduced costs for those in the market for a home.
This decrease in rates could present an advantage for potential buyers amid the current high prices in the housing market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.