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Average long-term U.S. mortgage rates tumble to 6.61%

Por: Portland Press Herald World November 17, 2022

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WASHINGTON — The average long-term U.S. mortgage rate tumbled by nearly a half-point this week, but will likely remain a significant barrier for potential homebuyers as Federal Reserve officials have all but promised more rate hikes in the coming months. A sign is displayed in front of a home for sale in Prospect Heights, Ill., Thursday, July 10, 2022. Home sale cancellations hit highest rate since start of pandemic by Redfin. Mortgage buyer... + full article



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