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30-year mortgage rates – XtremeCuztoms

Tag: 30-year mortgage rates

US Mortgage Rates Fall in Biggest Decline Since March

July 21, 2023
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U.S. mortgage rates dropped from an eight-month high, after nearing 7 percent last week, as inflation slows ahead of next week’s Federal Reserve policy meeting. The Fed’s aggressive interest-rate hike policy sent mortgage rates well above 7 percent last year, causing the once booming housing market to crash. Rates have been slow to decline from the nearly two-decade high,…

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Mortgage Rates Soar to Highest Level for the Year

July 8, 2023
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U.S. home mortgage rates soared towards 7 percent this week, pushing away many potential home buyers as affordability pressures for some pushed home ownership further out of reach. The average rate on the popular 30-year fixed mortgage hit 7.22 percent on July 6, reaching its highest point since November, according data published by to Mortgage News…

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