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3 months ago

Mortgage rates slip, sticking near 2025 lows

Mortgage rates ticked lower this week, 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 decreased to 6.21% from last week's reading of 6.22%. The average rate on a 30-year loan was 6.72% a year ago.HOME DELISTINGS SURGE AS SELLERS STRUGGLE TO GET THEIR PRICE"The average 30-year fixed-rate mortgage has remained within a narrow 10-basis point range over the last two months," said Sam Khater, Freddie Mac’s chief economist. "With rates down half a percent over last year,...