The average US 30-year mortgage rate falls to 7.18% this week, its third straight decline.

As reported by WTOP · Updated 5 Nov, 17:03 · Archive

WASHINGTON (AP) — The average long-term U.S. mortgage rate fell for the third straight week, offering some relief to prospective homebuyers facing higher home prices. The average 30-year fixed-rate mortgage in the U.S. declined to 7.18% from 7.24% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the average rate was 6.22%. Borrowing...

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• The average US 30-year mortgage rate falls to 7.18% this week, its third straight decline.WASHINGTON (AP) — The average long-term U.S. mortgage rate fell for the third straight week, offering some relief to prospective homebuyers facing higher home prices. The average 30-year fixed-rate mortgage in the U.S. declined to 7.18% from 7.24% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the average rate was 6.22%. Borrowing...WTOP · 5 Nov, 17:03