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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U.S. long-term mortgage rates have turned in their fourth consecutive week of declines. So reports CNN.
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.