Estimated reading time: 0 minutes, 20 seconds

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.

Read 850 times
Rate this item
(0 votes)
More in this category: « Wells Fargo Pink-Slips 140, Exiting Correspondent Channel Finance of America Sells Incenter’s Title Arms for $100M »

FOLLOW US

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.
Ok Decline