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Home mortgage demand surges as rates drop to 6.35%

Mortgage rates are finally falling, and just saw their biggest weekly drop in the past year. The average interest rate for a 30-year fixed-rate mortgage in the past week was 6.35%, according to ... read more

Average rate on a 30-year mortgage falls to lowest level in nearly a year

The average rate on a 30-year U.S. mortgage has fallen to its lowest level in nearly a year. Freddie Mac reports the rate eased to 6.35% from 6.5% last week. read more

Average rate on a 30-year mortgage drops to lowest level since October

The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly 10 months, giving prospective homebuyers a sorely needed boost in purchasing power that could help inject life ... read more

Mortgage demand jumps to the highest level in three years, as interest rates drop sharply

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, decreased to 6.49% from 6.64%, with points falling to 0.56 from 0.59, including the ... read more