Easing tensions with Iran push mortgage rates lower — but a potential Fed rate hike clouds the outlook

Easing tensions with Iran push mortgage rates lower — but a potential Fed rate hike clouds the outlook

Americans shopping for a home caught a break this week when mortgage rates edged lower. The average 30-year fixed mortgage rate fell to 6.47% this week, down from 6.52% last week, which was near the year’s high, according to data released Thursday by Freddie Mac. But the reprieve may not last. On...

Redirecting to full article...