Mortgage Rates Continue Downward Trend
The 30-year, fixed-rate mortgage rate dipped to 6.31%.
The 30-year, fixed-rate mortgage rate dipped to 6.31%.
The 4-week decline is the largest since 2008.
FHFA said the baseline conforming loan limit will increase 12% next year.
As its updated rate survey debuts, GSE says rates fell after encouraging inflation report.
A Freddie Mac survey showed that Gen Zers still strive to buy homes, but face affordability challenges.
Revised Primary Mortgage Market Survey (PMMS) debuts Thursday at noon.
The cap is set at $75 billion each for Fannie Mae & Freddie Mac.
Rates holding firm near 20-year highs.