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The Piney Point

Average long-term US mortgage rate eases to 7.32% in first pullback since late August

Average long-term US mortgage rate eases to 7.32% in first pullback since late August
Photo: KPRC 2 / Click2Houston (NBC) · view original

Mortgage rates fell this week for the first time since late August, easing some of the pressure on prospective homebuyers facing higher borrowing costs on home loans. The benchmark 30-year fixed-rate mortgage dropped to 7.32% from 7.40% last week, mortgage buyer Freddie Mac said Thursday. One yea...

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