Keller Williams Southern Arizona

Mortgage rates plunge to the lowest levels in over a year

by Lois Berman 08/02/2024

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DianaOlick (@Diana Olick) posted as per CNBC. COM.  cnb.cx/4cdCU0Z  Summary of the article: The average rate for a 30-year fixed mortgage is now 6.4%, which is a big drop from before. This happened after a weaker jobs report made bond yields fall. The rate was 7.52% in late April, and since then, home sales have been going down.

 

 

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Lois Berman

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