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Redfin CEO Glenn Kelman opens the position of the housing market on the ‘Round Table of Barron’.
Mortgage rates have fallen to the lowest level since December in the seventh week, in a row, Mortgage recipient Freddie Mac He said on Thursday.
The latest primary mortgage of the last preliminary mortgage market, which broadcast on Thursday, showed that the average mortgage of a 1-year focus was reduced from 6.63% to 6.63% last week. The average 30-year loan rate was 6.88% a year ago.
The 30-year loan has seen the biggest weekly decreases since mid September, Sam Khater, Freddie Mac’s Chief economist.
Philadelphia “For Sale” in a house in August 16, 2024. (Joe Lamberti / Bloomberg Getty Imager / Getty Images)
Mortgage prices fall to the lowest level with more than 2 months
“Reducing prices increases the power of a promising house builder and provide a strong promotion to move,” Hater said. “In addition, this landing rates allows this landing to refinance already existing homeowners. In fact, reconstruction of market mortgage applications that have been the highest since the market.”
The United States waits for home sale in January in January
Since mid-September, the 30-year loan has been a landing since mid-September, Sam Khater, Freddie Mac’s chief economist. (Getty Images / Steve Pfost / Newsday RM through Getty Images)
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The average rate of a 15-year mortgage fell from 5.94% to 5.79% last week. A year ago, ratio 15 years of fixed note 6.22% of the average.
