Mortgage rates tumble to lowest level since October 2024
Mortgage rates fell to the lowest level since October 2024, 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 fell to 6.5% from last week's reading of 6.56%. This week's figure was the lowest since Oct. 17, 2024, when the 30-year fixed rate averaged 6.44%.The average rate on a 30-year loan was 6.35% a year ago.ONLY […]