Mortgage rates are at their lowest level in 20 months
US mortgage rates have moved to their lowest level in 20 months.
The rate today moved to 6.11%. That is down from a high of 7.8% back on October 25, 2023.
Today the weekly mortgage data was reported with the 30 year mortgage rate at 6.29% for the week. When applications rose 1.4% with the refinancing index going to 757.8 from 751.4 last week