The 30-year fixed-rate mortgage averaged 6.46% during the week ending Aug. 22, down from 6.49% in the prior week, mortgage finance agency Freddie Mac said on...
NEW YORK - The average rate on the popular U.S. 30-year fixed-rate mortgage ticked down this week to the lowest level since May 2023, but may need to fall further for the housing market to see significant improvement in demand.
It averaged 7.23% during the same period a year ago. A softening tone to incoming economic data implies that rates will continue to ease through the end of the year, Sam Khater, Freddie Mac's chief economist, said in a statement. Earlier on Thursday the National Association of Realtors said existing home sales rose 1.3% in July, ending a four-month decline.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Erica Ash, comedian and 'Real Husbands of Hollywood' and 'Mad TV' star, dead at 46Erica Ash, an actor and comedian skilled in sketch comedy who starred in the parody series 'Mad TV' and 'Real Husbands of Hollywood,' has died. She was 46.
Read more »
Erica Ash, comedian and 'Real Husbands of Hollywood' and 'Mad TV' star, dies at 46Erica Ash, an actor and comedian skilled in sketch comedy who starred in the parody series “Mad TV” and “Real Husbands of Hollywood,” has died. She was 46.
Read more »
‘Punch Hurt Too Much’: Female Boxer Forfeits Match Against Male Boxer After 46 SecondsAngela Carini: “I am heartbroken… I went to the ring to honour my father. I was told a lot of times that I was a warrior but I preferred to stop for my health. I have never felt a punch like this.”
Read more »
Gender Eligibility Questions Loom As Angela Carini Quits Against Imane Khelif In 46 SecondsA women's boxing match, featuring an athlete who a failed gender eligibility test, ends after 46 seconds, sparking internet debate.
Read more »
Boxer Who Abandoned Fight After 46 Seconds Apologizes To Rival After Gender ControversyItalian Olympic boxer Angela Carini said she wanted to apologise to the Algerian boxer Imane Khelif amid misinformation about her gender spreading on social media.
Read more »
Italian Boxer Who Abandoned Fight After 46 Seconds Could Receive $50,000 Prize From Banned IBAThe organization banned by the IOC wants to award Angela Carini $50,000 'as if she were an Olympic champion.'
Read more »