05/23/2024
Good news, but still not where we need to be.
Instant Reaction: Facts: The 30-year fixed mortgage rate from Freddie Mac averaged 6.94% over the last week. At this rate, with 20% down, a mortgage payment on the median-priced $433,500 new home is $2,293, and $407,600 on an existing home is $2,156. https://bit.ly/3yFmcJD