Mortgage rates stumble heading into the new year
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Washington
A WEEK after soaring to their highest levels in months, mortgage rates in the US retreated to where they had been hovering for the past several weeks.
According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average fell to 3.95 per cent with an average 0.5 point. (Points are fees paid to a lender equal to one per cent of the loan amount.) It was 3.99 per cent a week ago and 4.20 per cent a year ago.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
