Month: July 2022

Freddie Mac: In A Twist Of Fate, Mortgage Rates Drop

Over the last two weeks, the 30-year fixed-rate mortgage dropped by half a percent, as concerns about a potential recession continue to loom. KEY TAKEAWAYS 15-year fixed-rate mortgages averaged 4.45% with an average 0.8 point, down from 4.83% last week. 14.9% of listings nationwide had their prices reduced last month, the highest rate since before …

Freddie Mac: In A Twist Of Fate, Mortgage Rates Drop Read More »