Mortgage Rates Drop to 6.5%, Boosting Homebuying Opportunities
TL;DR Summary
Mortgage rates experienced their largest one-day decline in over a year, dropping to 6.29% following a weak August jobs report, which could influence homebuyer activity amid high home prices and economic uncertainty.
- Mortgage rates see biggest one-day drop in over a year CNBC
- Mortgage rates hit 6.5%, the lowest level since October 2024 Yahoo Finance
- Mortgage Calculator: Here’s How Much You Need To Buy a $439,450 Home at a 6.5% Rate Realtor.com
- Cheaper Mortgage Payments Bring a Trickle, Not a Surge, of Homebuying Demand Redfin
- Mortgage Rates Slide, Buyers Gain Edge | Florida Realtors
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