Reported 11 days ago
Mortgage rates have decreased for the third consecutive week, with the 30-year fixed-rate averaging 6.08% as of September 26, marking the lowest since mid-September 2022. Despite this drop, many potential homebuyers are holding off on purchasing decisions, awaiting further declines in rates. Recent data indicates a slight uptick in home-buying interest, suggesting that market activity could increase in the near future if rates continue to fall.
Source: YAHOO