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Mortgage Rates Slip for Fourth Straight Week

Friday, Feb 03 2023
Lending
Written by  The Mortgage Leader

U.S. long-term mortgage rates have fallen modestly, posting their fourth consecutive week of declines. So reports CNN.

Freddie Mac 150x150According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.09% in the week ending February 2, off four basis points from the prior week.

Rates were at their lowest since September and almost a whole point below last year’s high of 7.08% from early November.

Read the full article from CNN.

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