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Mortgage rates fall to lowest level since 2022

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2 hours ago

Mortgage rates fell again this week to the lowest level in more than three years, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage decreased to 6.06% from last week's reading of 6.16%. The average rate on a 30-year loan was 7.04% a year ago. It's the lowest level since Sept. 15, 2022, when the average rate on a 30-year mortgage was 6.02%.THESE 10 MARKETS MAY SEE THE BIGGEST HOMEBUYING SURGE AS MORTGAGE RATES FALL"Late last week, mortgage rates dropped, driving the wee...

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