30-Year Mortgage Rate Down Again

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Market Trends

30-Year Mortgage Rate Down Again and May Continue to Drop

Though mortgage rates are still more than double what they were a year ago, less severe swings in borrowing costs lately could bring more calmness to the housing market. Plus, mortgage rates may drop even further in the coming weeks, says Nadia Evangelou, senior economist and director of forecasting for the NAR.

https://www.nar.realtor/magazine/real-estate-news/mortgage-rate-predictions-so-far-are-bearing-out?_cldee=EnGIMF-GqLdKGR0XaLZB0pnvkOnM1leIGZ1qL0ezmHaTGeOtxL4Z4di7ZGi5QZP9&recipientid=contact-9aaa5d96f16d43cea9ddaa9d06a3eef4-b4fff425100a4e4690f4790124266afb&esid=da230710-b39d-ed11-9c78-00155d0079c1