Mortgage Rates Hit Lowest Levels Since October, Boosting Demand
TL;DR Summary
Mortgage rates have decreased, with the 30-year fixed rate dropping to 6.69% and the 15-year fixed rate to 5.96%, marking the lowest rates since October. The upcoming U.S. jobs report could influence future rate trends. Current national averages for various mortgage and refinance rates are provided, with 30-year fixed rates at 6.32% for purchases and 6.37% for refinances. Factors affecting mortgage rates include economic conditions and borrower credit profiles.
- Mortgage and refinance rates today, December 5, 2024: Lowest rates since October Yahoo Finance
- Mortgage rates fall for second straight week, lowest since October Fox Business
- Average rate on a 30-year mortgage in the US falls to 6.69% The Associated Press
- Homebuyer demand for mortgages jumped 6%, as interest rates fell to the lowest level in over a month CNBC
- Mortgage Rates Little Changed Ahead of Big Jobs Report Mortgage News Daily
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