Mortgage Rates in the US Decline, Easing Affordability Concerns
Mortgage rates in the US have declined, offering some relief to homebuyers facing affordability challenges. According to Freddie Mac, the average rate for a 30-year fixed loan was 6.79%, down from 6.87% last week. While borrowing costs have not exceeded 7% since early December, they remain significantly higher than early 2022 levels, before the Federal […]