Real Estate
Mortgage Rates in US Ease for First Time Since Late September
- Affordability is still an issue for buyers, economist says
- Some house hunters are pushing ahead, with pending sales up
Homes in Rocklin, California.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Mortgage rates in the US declined for the first time in seven weeks.
The average for a 30-year, fixed loan was 6.78%, down from 6.79% last week, Freddie Mac said in a statement.