Average rate on a 30-year mortgage falls to 6.09%, lowest level since early February 2023
By ALEX VEIGA, AP Business WriterUpdated Sep 19, 2024 9:35 a.m. The average rate on a 30-year mortgage in the U.S. edged closer to 6% this week to its lowest level since early February 2023. The rate fell to 6.
The Fed's decision to cut interest rates by 50 basis points reflects its growing confidence in taming inflation and a renewed ...
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The Fed announced a cut of 50 basis points and lowered its key rate to roughly 4.8 per cent, Associated Press ( AP) reported.
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