#CNBC Mortgage rates see biggest one-day drop in over a year

Mortgage rates see biggest one-day drop in over a year
The average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29% Friday, according to Mortgage News Daily, following the release of a weaker-than-expected August employment report.

It marks the lowest rate since October 3 and the biggest one-day drop since August 2024. Rates are finally breaking out of the high 6% range, where they’ve been stuck for months.

Thank you for your support in keeping this website running.💛

View on “Tokyo Trend News”
#MILENIO