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In this example, the borrower bought two discount points costing 1 percent of the loan principal, or $3,200 each. By buying two points for $6,400 upfront, the borrower’s interest rate shrank to ...
Freddie Mac reports an average 6.73% for a 30-year fixed-rate mortgage, down 5 basis points from last week's average 6.78%, according to its weekly Prime Mortgage Market Survey of nationwide ...
The current average rate for a 30-year fixed mortgage is 6.56% for purchase and 6.55% for refinance — up 4 basis points from 6.52% for purchase and down 1 basis point from 6.56% for refinance ...
Average mortgage rates remain stable as of Thursday, July 25, 2024, a welcome calming after spikes and volatility earlier in the month that pushed 30-year fixed rates above 7.00%.
Mortgage rates appear to be dropping on popular 30-year terms as of Wednesday, March 13, 2024. The current average rate for a 30-year mortgage is 6.90% for purchase and 6.84% for refinance, down ...
Freddie Mac reports an average 6.77% for a 30-year fixed-rate mortgage, down 12 basis points from last week's average 6.89%, according to its weekly Prime Mortgage Market Survey of nationwide ...
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