Mortgage Rates Hold Steady, Good News for Homebuyers

Mortgage rates remain steady this week, offering predictability for home buyers and refinancers. The average thirty-year fixed rate is at six point zero nine percent, while the fifteen-year fixed rate dropped to five point five two percent. Economists predict no significant drops before 2026, with the Federal Reserve signaling only one rate cut this year. To secure the best refinance rate, improve credit score, lower debt-to-income ratio, and consider a shorter term loan.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.