General World News

Mortgage rates continue a downward trend in the twilight of 2023

As we prepare to bid adieu to 2023, mortgage rates this week again stayed below seven percent.

The 30-year fixed-rate mortgage averaged 6.61% as of Dec. 28, a slight decrease from the 6.67% rate recorded on Dec. 21 according to Freddie Mac‘s Primary Mortgage Market Survey released on Thursday.

The 15-year fixed-rate mortgage averaged 5.93% this week, down from 6.95% one week ago.

HousingWire’s Mortgage Rates Center showed Optimal Blue’s average 30-year fixed rate on conventional loans at 6.56% on Thursday, down from 6.68% recorded at the same time last week.

“The rapid descent of mortgage rates over details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com