Arrr! The treasure of mortgage rates be plummetin’ to the depths unseen in a year, me hearties!
2024-08-10
Arrr, mateys! This week, the treasure o' mortgage rates took a mighty dive, settlin’ at 6.47%, down from 6.73%! Seems the landlubbers overreacted to a scallywag report 'bout jobs. Fear not, for our ship o' economy be steady as she goes, says Captain Sam Khater!
Avast ye landlubbers! Gather ‘round as I regale ye with news from the treacherous seas of the money market! This week, the winds of fortune blew favorably, sendin’ mortgage rates plummetin’ down to the lowest depths in a year’s time. Aye, the rates for a 30-year, fixed-rate mortgage now sail at a mere 6.47%, sinkin’ from last week’s 6.73% like a ship caught in a storm!