Average rate on a 30-year mortgage falls to 6.73%, lowest level since early February
Headline from Local News 8
AP Business Writer LOS ANGELES (AP) — The average rate on a 30-year mortgage fell this week to its lowest level since early February, easing borrowing costs for prospective homebuyers facing record-high home prices. The rate dropped to 6.73% from 6.
Local News 8's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
AP Business Writer LOS ANGELES (AP) — The average rate on a 30-year mortgage fell this week to its lowest level since early February, easing borrowing costs for prospective homebuyers facing record-high home prices. The rate dropped to 6.73% from 6.
Rates on 30-year and 15-year fixed mortgages declined this week to their lowest level in months, but remain uncomfortably high for many would-be buyers.
NEW YORK >> The average rate on the popular 30-year mortgage rate fell to 6.73% this week, its lowest level since February as the bond market reacted to signs of cooling inflation.
LOS ANGELES (AP) — The average rate on a 30-year mortgage fell this week to its lowest level since early February, easing borrowing costs for prospective homebuyers facing record-high home prices. The rate fell to 6.73% from 6.78% last week, mortgage buyer Freddie Mac said Thursday.
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Average rate on a 30-year mortgage falls to 6.73%, lowest level since early February | Since Then
