This is how Fed rate cuts can help first-time homebuyers
Real estate experts Dolly and Jenny Lenz unpack the newest real estate trends and the state of the housing market on 'The Claman Countdown.'
Mortgage rates fell this week after President Donald Trump announced a two-week ceasefire between the U.S. and Iran, mortgage buyer Freddie Mac said Thursday.
Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage declined to 6.37% from last week's reading of 6.46%.
The average rate on a 30-year loan was 6.62% a year ago.
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The average rate on a 15-year fixed mortgage ticked lower to 5.74% from last week's reading of 5.77%.
