According to Freddie Mac, the average for the 30-year fixed-rate mortgage in the week ending December 8 was 6.33%, a drop of 16 basis points from the previous week.
The 30-year fixed-rate averaged 3.10% a year earlier.
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MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.
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Mortgage Rates Drop for Fourth Straight Week
U.S. long-term mortgage rates have turned in their fourth consecutive week of declines. So reports CNN.
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