Mortgage rates fall again, but high home prices persist
This week, mortgage rates continued their downward trend, coinciding with a surge in demand for home purchases. However, persistently high home prices pose a significant obstacle for many prospective buyers. According to Freddie Mac’s latest Primary Mortgage Market Survey, the average rate for the 30-year fixed-rate mortgage dropped to 7.03% this week, a decrease from 7.22% the previous week but an increase from 6.33% a … Continue reading Mortgage rates fall again, but high home prices persist
