Estimated reading time: 0 minutes, 17 seconds

Mortgage Rates Drop to Lowest in Four Weeks

U.S. long-term mortgage rates have fallen amid signs of slowing inflation. So reports ABC News.

arrow 98577 1280According to Freddie Mac, the 30-year mortgage averaged 6.78% in the week ending July 20, compared with 6.96% the previous week and 5.54% a year earlier.

The decline brings rates down from their highest since hitting 7.08% last fall.

Read the full article from ABC News.

Read 792 times
Rate this item
(0 votes)


PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.