Mortgage Rates Drop, Applications Rise And Seniors Score Record-Level Housing Wealth
ValueWalk, Jan. 19, 2023–Phil Hall
Freddie Mac reported the 30-year fixed-rate mortgage averaged 6.15% as of Jan. 19, down from last week when it averaged 6.33%; a year ago at this time, it averaged 3.56%. The 15-year fixed-rate mortgage averaged 5.28%, down from last week when it averaged 5.52%; a year ago at this time, it averaged 2.79%. (MBA mention)
https://www.valuewalk.com/mortgage-rates-drop-applications-rise-and-seniors-score-record-level-housing-wealth/