Rates Come Down Again but Remain Over 7%

by Beth McGuire

Mortgage rates eased again for the fourth-straight week but remain almost a full percentage point over last year at this time, a key reason buyers continue to hold back and why the market remains sluggish. The latest Freddie Mac Primary Mortgage Market Survey® released Thursday shows the average 30-year fixed-rate mortgage rate at 7.11%, down…

The post Rates Come Down Again but Remain Over 7% appeared first on RISMedia.

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