Coverage dated December 6, 2023 to December 13, 2023

Average Mortgage Rate Falls Below 7% For First Time Since August, Freddie Mac says

Headline from Investopedia, on the newest of 2 developments

More house hunters are seeing something that's been very hard to come by since August—mortgage rates below 7%.

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

Developments in this update

2 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. 30-Year Mortgage Rates Fall Again—To Cheapest Level in Almost 4 Months

    Headline from Investopedia ·

  2. Newest

    Average Mortgage Rate Falls Below 7% For First Time Since August, Freddie Mac says

    Headline from Investopedia ·

2 reports not tied to one development ·

Reports & sources

23 articles, oldest first.

  1. Bloomberg

    Mortgage Rates in US Fall for Sixth Week, Dropping Closer to 7% (opens Bloomberg)

    Published

    Bloomberg's feed description

    Mortgage rates in the US fell for a sixth straight week, slipping to the lowest level since August.

  2. New York Post

    Mortgage rates fall near 7%, lowest level since August (opens New York Post)

    Published

    New York Post's feed description

    This is the sixth straight weekly drop for rates, echoing a recent pullback in the 10-year Treasury yield.

  3. FOX Business

    Today's mortgage rates remain unchanged for 15-year terms while 30-year terms fall (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.

  4. Local News 8

    Mortgage rates drop to lowest levels since August (opens Local News 8)

    Published

    Local News 8's feed description

    Mortgage rates continued to fall this week, averaging just over 7%. It is the sixth straight week rates have dropped, undoing seven previous consecutive weeks of increases.

  5. FOX Business

    Mortgage rates fall again, but high home prices persist (opens FOX Business)

    Published

    FOX Business's feed description

    Mortgage rates continued their downward march this week and spurred on an uptick in home purchase demand, but elevated home prices are still keeping many would-be buyers away.

  6. CNET

    Mortgage Interest Rates Today for Dec. 7, 2023: Rates Decline (opens CNET)

    Published

    CNET's feed description

    This week, a couple of notable mortgage rates moved down. If you're shopping for a home loan, see how today's high interest rates affect your budget.

  7. Investopedia

    30-Year Mortgage Rates Fall Again—To Cheapest Level in Almost 4 Months (opens Investopedia)

    Published

    Investopedia's feed description

    Rates on 30-year mortgages have plummeted over the last few weeks—with another dip Thursday sinking the average to its lowest level since mid-August.

  8. FOX Business

    Homebuying demand dries up even as mortgage rates drop: Freddie Mac (opens FOX Business)

    Published

    FOX Business's feed description

    The average 30-year fixed-rate mortgage was 7.03% for the week ending Dec. 7, according to Freddie Mac's latest Primary Mortgage Market Survey.

  9. FOX Business

    Today's mortgage rates fall for 15-year terms, while 30-year terms hold steady (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.

  10. Investopedia

    Average Mortgage Rate Falls Below 7% For First Time Since August, Freddie Mac says (opens Investopedia)

    Published

    Investopedia's feed description

    More house hunters are seeing something that's been very hard to come by since August—mortgage rates below 7%.

  11. Investopedia

    30-Year Mortgage Rates Fall, Dropping to Lowest Level Since July (opens Investopedia)

    Published

    Investopedia's feed description

    Rates on 30-year mortgages have plunged again, continuing a strong downward trend of the past few weeks. The 30-year average is down to its lowest level in more than four months.

  12. Wall Street Journal

    Mortgage Rates Fall Below 7% For First Time Since Summer (opens Wall Street Journal)

    Published

    Wall Street Journal's feed description

    Mortgage rates dropped below 7%, a key psychological threshold for would-be buyers and sellers who have been paralyzed by dramatic declines in affordability since the Federal Reserve started to raise interest rates. The average rate on the standard 30-year fixed mortgage fell to 6.95%, according to

  13. Newsweek

    Mortgage rates drop as housing market gets good news (opens Newsweek)

    Published

    Newsweek's feed description

    After the Fed's dovish comments, mortgage rates fell to lowest point since May, giving hope to housing market recovery in 2024.

  14. FOX Business

    Mortgage rates dip below 7% amid climbing demand (opens FOX Business)

    Published

    FOX Business's feed description

    The average rate for a 30-year fixed-rate mortgage dropped below 7% this week and demand continued to rise, but the inventory of available homes remains low.

  15. Local News 8

    Mortgage rates drop under 7% for the first time since August (opens Local News 8)

    Published

    Local News 8's feed description

    Mortgage rates fell under 7% for the first time since mid-August this week. It is the seventh straight week that rates have dropped, as inflation improves and the Federal Reserve paused its rate increases.

  16. FOX Business

    Today's mortgage rates fall 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.

  17. Bloomberg

    Mortgage Rates in US Slide Below 7% for First Time Since August (opens Bloomberg)

    Published

    Bloomberg's feed description

    Mortgage rates fell below 7% for the first time in four months, bringing some relief to a US housing market plagued with affordability issues.

  18. New York Post

    Mortgage rates dip below 7% as hopes for gradual thawing get boost from Fed (opens New York Post)

    Published

    New York Post's feed description

    Mortgage rates, which fell for the seventh straight week, have been easing since late October, when they reached 7.79%, the highest level since late 2000.

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

Average Mortgage Rate Falls Below 7% For First Time Since August, Freddie Mac says | Since Then