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The Piney Point

Average 30-year US mortgage rate falls to 6.43%, its lowest level in seven weeks

Average 30-year US mortgage rate falls to 6.43%, its lowest level in seven weeks
Photo: KPRC 2 / Click2Houston (NBC) · view original

The average long-term U.S. mortgage rate fell this week to its lowest level since mid-May, easing borrowing costs for prospective homebuyers. The benchmark 30-year fixed rate mortgage rate fell to 6.43% from 6.49% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the average rate...

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