According to Freddie Mac, the 30-year fixed-rate mortgage averaged 2.78% in the week ending July 22, down 10 basis points from a week before.
The average for the 30-year home loan was 3.18% in April and 3.01% at the same time last year.
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As concern about the spread of the Delta variant sent jitters across global markets, U.S. mortgage rates have dropped for a fourth consecutive week. So reports the Associated Press.
According to Freddie Mac, the 30-year fixed-rate mortgage averaged 2.78% in the week ending July 22, down 10 basis points from a week before.
The average for the 30-year home loan was 3.18% in April and 3.01% at the same time last year.