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Mortgage rates continue to fall, but still higher than Jan. 2022

Por: WPTV Nation January 26, 2023

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The average rate for a 30-year mortgage in the U.S. is down to 6.15%, according to Freddie Mac. That's the lowest since the week of Sept. 15, 2022. However, the rate is still 2.59% higher than a year ago. Higher interest rates can add hundreds, if not, thousands of dollars to monthly payments. Experts say the higher interest rates are a factor in sliding home sales. According to the National Association of Realtors, pending home sales were... + full article



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