Mortgage Mix: Powell Grilled on Inflation; Rates Once Again Back Below 7%

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. As of July 11, 2024, the average 30-year mortgage rate is 6.89% (down from 6.95% the previous week). The 15-year rate is 6.17% (down from 6.25%).  For mortgage rates to come down, interest rates will…

The post Mortgage Mix: Powell Grilled on Inflation; Rates Once Again Back Below 7% appeared first on RISMedia.

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