August Mortgage Rates Could Continue Long Decline

August 2, 2024

NerdWallet, Aug. 2, 2024–Holden Lewis
Mortgage rates are likely to keep falling in August because inflation is slowing down.

The pleasing news is that mortgage rates have been trending downward since they crested for the year in April, when the 30-year fixed-rate mortgage averaged 7.04% in NerdWallet’s daily survey. (MBA mention)
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