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30-year fixed mortgage rates have been fluctuating in the market recently. Rates increased on June 11, moved down on June 12, then dropped below 7% on June 12 and 13. The rates continued to fall on June 13 and 14, reaching 6.95% on June 14. The changes are attributed to various factors like the CPI print and the Fed's decision to hold rates steady.
Cheaper Refi Rates Are Good News for Homeowners. Today's Refinance Rates for June 14, 2024 https://t.co/RFkMEmqc1W
30-Year Fixed Mortgages Drop to 7% Again. Today's Mortgage Rates for June 14, 2024 https://t.co/HNDOTNXqVC
Mortgage rates in the US fell for a second straight week, per Bloomberg. The average for a 30-year, fixed loan was 6.95%, down from 6.99% last week, per Freddie Mac.
