Mortgage Rates Decrease, Offering Hope for Homebuyers

Mortgage rates declined this week, providing a potential boost for homebuyers navigating a market still contending with affordability challenges. According to Freddie Mac’s latest Primary Mortgage Market Survey® (PMMS®), the 30-year fixed-rate mortgage (FRM) now averages 6.89 percent, down from 6.95 percent last week. The 15-year FRM also fell slightly, averaging 6.05 percent, compared to […]