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Average long-term US mortgage rate falls to 6.78% this week to lowest level in four weeks

Por: ABC News Business July 20, 2023

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LOS ANGELES -- The average long-term U.S. mortgage rate slipped this week to the lowest level in four weeks, a boost for house hunters facing a market held back by persistently high prices and a near-historic low number of homes for sale. Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan fell to 6.78% from 6.96% last week. A year ago, the rate averaged 5.54%.The latest move in rates brings the... + full article



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