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The “The Big Money Show” group discusses why potential housing buyers are starting to get out of the margin, although rates and prices do not move.
Mortgage rates were lowered this week, Freddie Mac mortgage buyer said on Thursday.
Freddie Mac’s latest elementary mortgage market survey, published on Thursday, showed that the average 30 -year reference mortgage rate slightly dropped to 6.64% compared to 6.65% reading last week. The average rate of a 30 -year loan was 6.82% a year ago.
“During the last month, the 30 -year -old fixed rate has been installed, making only slight movements in any direction,” said Sam Khater, Freddie Mac’s main economist. “This stability is reassuring and the lenders have responded Request of the purchase request increasing to the highest growth rate since the end of last year. “
A poster for sale in front of a house in West Islap, New York. (Steve Pfost/Newsday RM through Getty Images)
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The average 15 -year -old mortgage rate fell to 5.82% of 5.89% last week. One year ago, the rate of Fixed note of 15 years It was average of 6.06%.
