Key Takeaways Several key mortgage averages have fallen to fresh lows—including a multi-day slide to the 30-year average’s lowest level since mid-March.

The average rate on a five-year fixed mortgage has dropped below 5% for the first time since May 2023, as the cost of borrowing continues to fall steadily. The average five-year fixed rate hit 4. ...

Homebuilder sentiment falls unexpectedly, lowest since December 2022 Affordability, high mortgage rates challenge housing market Builders use price cuts, incentives to attract buyers Aug 18 ...

On a regional basis, sentiment among builders in the Northeast skidded to its lowest level since January 2023, while it was unchanged in the South and Midwest and modestly improved in the West.

The average rate on a 30-year U.S. mortgage held steady this week at its lowest level in nearly 10 months, an encouraging sign for prospective homebuyers who have been held back by stubbornly high ...

The average two-year fixed rate across all mortgage products is now 4.98 per cent, according to rates scrutineer Moneyfacts, slightly below the average five-year deal at 5 per cent.

Mortgage rates eased in July, dropping briefly to 6.67%. As home sales have slowed, the number of unsold homes on the market has been rising.

Mortgage rates drop to their lowest since October, boosting affordability as home prices continue to rise. Discover the latest trends.

The average rate on a 30-year U.S. mortgage has fallen to its lowest level in nearly 10 months. The average rate dropped to 6.58% from 6.63% last week, mortgage buyer Freddie Mac said Thursday.

Mortgage rates edged down to their lowest level of the year, offering a dash of hope to prospective buyers who have been forced to the sidelines by elevated rates and home prices.

Mortgage rates fell to the lowest level of the year this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the ...