Mortgage Rates Drop Again, Hitting Lowest Level Since September 2022

As inventory challenges persist in some markets and have improved in others, economists generally point to a Spring market with increased buyers, provided average mortgage rates remain at their recent years-long lows. The latest Primary Mortgage Market Survey® (PMMS®), released by Freddie Mac Thursday, shows the 30-year fixed-rate mortgage (FRM) averaging 6.01%, down from 6.09%…

The post Mortgage Rates Drop Again, Hitting Lowest Level Since September 2022 appeared first on RISMedia.

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