BUSINESSFOX 32 CHICAGO
Mortgage rates drop to lowest level in more than a month as Iran deal progresses
Mortgage rates declined to their lowest level in over a month, with the average 30-year fixed mortgage rate dropping to 6.47% from 6.52% the prior week, as reported by Freddie Mac. The decrease coincided with progress on an Iran deal.
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Adjacent reporting
- Freddie Mac says average rate on a 30-year mortgage fell to 6.48% this week, easing from its highest level in 9 months
- Average US long-term mortgage rate falls to 6.48%, retreating from its highest level in 9 months
- Mortgage rates linger below 7 percent after reaching four-week low
- Average US long-term mortgage rate falls to 6.48%, retreating from its highest level in 9 months
- Nationwide cuts mortgage rates as lowest fixed deals hit 4.5%