Weekly Mortgage Rates Drop as Home Sales Stall
The average rate on the 30-year fixed-rate mortgage fell 12 basis points to 6.94% in the week ending Jan. 23, according to rates provided to NerdWallet by Zillow. A basis point is one-one hundredth of a percentage point. The previous week had been the first time that the 30-year rate had inched above 7% since May.
Mortgage rates inched down in the first week of President Trump’s second term, as the financial markets assess the economic ...
"Homeowners are still obligated to pay their mortgage unless they receive specific relief from their lender. Mortgage ...
Mortgage rates are likely to remain elevated through at least the first half of the year, keeping sales of previously owned homes subdued.
More than 270 state banks, credit unions and lenders will provide mortgage relief for property owners impacted by the ...
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