The loan rate drops to 6.85 %: Freddie Mac


Loan rate Fell for a consecutive week and reached the lowest level since December but rose to 7 %.

The latest initial review of the individual mortgage market, released Thursday, showed that the average criterion rate 30 years of fixed loan Compared to reading last week 6.87 % to 6.85 %. The average loan rate of 30 years was 6.9 % last year.

To sell in front of the house

The “for sale” mark in front of a house in Patchogue, New York hangs. (Steve Pfost / Newsday RM through Getty Images / Getty Images)

“30 years A fixed rate loan Left less than 7 % for 5 consecutive weeks, at which time less than 20 base points fluctuated. “Season.”

The average of 15 years of fixed loan fell from 6.09 % to 6.04 % last week. A year ago, the 15 -year fixed note rate was 6.29 %.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *