US Mortgage Rates Fall for Second Week, Sending 30-Year to 6.42%
Houses in Meridian, Idaho.
Photographer: Jeremy Erickson/BloombergThis article is for subscribers only.
Mortgage rates in the US fell for a second straight week, easing costs for homebuyers in the market’s busiest season.
The average for a 30-year, fixed loan was 6.42%, down from 6.6% last week, Freddie Mac said in a statement Thursday. It was the biggest one-week decline since mid-January.