Mortgage Rates Fall; in Line with Welcomed Cooling Consumer Prices, Jobs Numbers

Following the first dip in consumer prices in four years and home prices in some markets declining, the average 30-year fixed rate mortgage followed suit, dropping from 6.95% last week to 6.89% this week, according to the latest Primary Mortgage Market Survey® (PMMS®), released by Freddie Mac Thursday.  A look at this week’s numbers:  The…

The post Mortgage Rates Fall; in Line with Welcomed Cooling Consumer Prices, Jobs Numbers appeared first on RISMedia.

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