Mortgage rates plunge to lowest level in 15 months, a silver lining in market storm

By Zach Halaschak

Published August 7, 2024 10:57am ET

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Mortgage rates have fallen to their lowest level since May 2023, according to the latest report from the Mortgage Bankers Association.

The MBA report indicated that mortgage rates fell last week to 6.55%.

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Tag:

Economy Federal Reserve Housing Interest Rates Mortgage Rates Real Estate