US housing watch: 30-year mortgage rate slips to 6.17%; lowest in over a year as Fed cuts rates again
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
US mortgage rates have reached their lowest point in over a year, with the 30-year fixed rate dropping to 6.17%. This offers some relief to the housing market, which has been sluggish since rates rose above 6% in September 2022. While the Federal Reserve has cut its benchmark rate, future reductions remain uncertain, potentially impacting borrowing costs. What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
