Coverage dated August 1, 2024 to August 8, 2024

Mortgage rates tumble to lowest since last year

Headline from Arkansas Democrat-Gazette, on the newest of 3 developments

The average rate on a 30-year mortgage fell this week to its lowest level in more than a year, a welcome change for prospective home shoppers and homeowners looking to refinance their home loan to a lower rate.

Arkansas Democrat-Gazette's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Developments in this update

3 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

  1. Mortgage Rates Haven’t Been This Low in More Than a Year, Freddie Mac Says

    Headline from Investopedia ·

  2. Mortgage rates drop sharply, with 30-year at 6.47%

    Headline from The Boston Globe ·

  3. Newest

    Mortgage rates tumble to lowest since last year

    Headline from Arkansas Democrat-Gazette ·

1 report not tied to one development ·

Reports & sources

32 articles, oldest first.

  1. NBC New York

    Mortgage rates plunge to the lowest level in more than a year after weak employment report (opens NBC New York)

    Published

    NBC New York's feed description

    The recent high on the 30-year fixed mortgage was 7.52% in late April, and home sales have been falling ever since.

  2. NBC10 Philadelphia

    Mortgage rates plunge to the lowest level in over a year after weak employment report (opens NBC10 Philadelphia)

    Published

    NBC10 Philadelphia's feed description

    The recent high on the 30-year fixed mortgage was 7.52% in late April, and home sales have been falling ever since.

  3. FOX Business

    Mortgage rates drop to new low as Fed grows closer to slashing interest rates: Freddie Mac (opens FOX Business)

    Published

    FOX Business's feed description

    The average 30-year fixed-rate mortgage was 6.73% for the week ending Aug. 1, according to Freddie Mac's latest Primary Mortgage Market Survey.

  4. CBS News

    Mortgage rates tumble to lowest level since April 2023 after weak jobs report (opens CBS News)

    Published

    CBS News's feed description

    Homebuyers are getting some relief from high borrowing costs as mortgage rates sink on expectations the Federal Reserve will cut rates.

  5. FOX Business

    Today's mortgage rates plummet for 15- and 30-year terms (opens FOX Business)

    Published

    FOX Business's feed description

    Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.

  6. CNET

    Rates Fall for Prospective Buyers: Current Mortgage Rates for Aug. 5, 2024 (opens CNET)

    Published

    CNET's feed description

    Quite a few important mortgage rates moved down. It's still expensive to buy a house, but there's more good news in the housing market.

  7. Investopedia

    Mortgage Rates Plunge to 15-Month Low (opens Investopedia)

    Published

    Investopedia's feed description

    Rates on 30-year mortgages fell for a sixth straight day, sinking the average to its lowest level since April 2023. Almost all other new purchase averages have also plunged.

  8. FOX Business

    Today's mortgage rates continue to plummet for 15- and 30-year terms (opens FOX Business)

    Published

    FOX Business's feed description

    Mortgage rates fluctuate almost daily based on economic conditions. Here are today’s mortgage rates and what you need to know about getting the best rate.

  9. FOX Business

    Mortgage demand roars back to life as rates drop to lowest level in a year (opens FOX Business)

    Published

    FOX Business's feed description

    A survey published by the Mortgage Bankers Association found that interest rates dropped to a one-year low, spurring a jump in home-purchase applications.

  10. NBC News

    Weekly mortgage refinance demand soars 16% as rates sink to lowest level in over a year (opens NBC News)

    Published

    NBC News's feed description

    Mortgage interest rates dropped last week to the lowest level since May 2023, causing a surge in mortgage demand from both homebuyers and especially current homeowners.

  11. Quartz

    Mortgage rates dropped to their lowest level in more than a year (opens Quartz)

    Published

    Quartz's feed description

    The drop spurred a surge in refinancing applications

  12. WSVN Miami

    Average rate on a 30-year mortgage falls to 6.47%, lowest level in more than a year - WSVN 7News | Miami News, Weather, Sports (opens WSVN Miami)

    Published

    WSVN Miami's feed description

    The average rate on a 30-year mortgage fell this week to its lowest level in more than a year, a welcome affordability boost for prospective

  13. Triblive

    Average rate on a 30-year mortgage falls to 6.47%, lowest level in over a year (opens Triblive)

    Published

    Triblive's feed description

    The average rate on a 30-year mortgage fell this week to its lowest level in more than a year, a welcome affordability boost for prospective home shoppers and homeowners looking to refinance their home loan to a lower rate. The rate fell to 6.47% from 6.73% last week, mortgage buyer

  14. ABC 7 Chicago

    Average rate on a 30-year mortgage falls to 6.47%, lowest level in more than a year (opens ABC 7 Chicago)

    Published

    ABC 7 Chicago's feed description

    The average rate on a 30-year mortgage fell this week to its lowest level in more than a year.

  15. New York Post

    Mortgage rates fall to 6.47%, lowest level in more than a year, as Fed cut looms (opens New York Post)

    Published

    New York Post's feed description

    Mortgage rates fell to their lowest in more than a year in a welcome sign for the beleaguered housing market in the United States.

  16. NPR

    Housing relief? Mortgage rates drop to their lowest level in over a year (opens NPR)

    Published

    NPR's feed description

    Mortgage rates fell to 6.47% this week, prompting a flurry of refinancing activity. Rates are still much higher than they were a few years ago, however, leaving many homeowners reluctant to move.

  17. FOX Business

    Mortgage rates drop to lowest level in over a year (opens FOX Business)

    Published

    FOX Business's feed description

    Mortgage rates dropped this week to the lowest level in more than a year, with the average rates on both 30- and 15-year fixed mortgages falling sharply.

  18. The Boston Globe

    Mortgage rates drop sharply, with 30-year at 6.47% (opens The Boston Globe)

    Published

    The Boston Globe's feed description

    Mortgage rates have fallen to their lowest level in more than a year, a balm for prospective homebuyers and sellers in a challenging real estate market.

  19. Investopedia

    Mortgage Rates Haven’t Been This Low in More Than a Year, Freddie Mac Says (opens Investopedia)

    Published

    Investopedia's feed description

    The average 30-year, fixed-rate mortgage fell to 6.47%, Freddie Mac said, while the 15-year fixed rate came in at 5.63%—both at their lowest points in more than a year.

  20. The Oregonian

    Average mortgage rate falls to lowest level in more than a year (opens The Oregonian)

    Published

    The Oregonian's feed description

    Rates remain elevated, which can add hundreds of dollars a month in costs for borrowers

  21. Boston

    Average rate on a 30-year mortgage falls to lowest level in more than a year (opens Boston)

    Published

    Boston's feed description

    The average rate on a 30-year mortgage has mostly hovered around 7 percent this year — more than double what it was just three years ago.

  22. Arkansas Democrat-Gazette

    Mortgage rates tumble to lowest since last year (opens Arkansas Democrat-Gazette)

    Published

    Arkansas Democrat-Gazette's feed description

    The average rate on a 30-year mortgage fell this week to its lowest level in more than a year, a welcome change for prospective home shoppers and homeowners looking to refinance their home loan to a lower rate.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

Mortgage rates tumble to lowest since last year | Since Then