The 30-year fixed-rate mortgage averaged 6.42% as of March 23, according to data released by Freddie Mac.
The 30-year fixed-rate mortgage averaged 6.42% as of March 23, according to data released by Freddie Mac on Thursday.
Freddie Mac’s weekly report on mortgage rates is based on thousands of applications received from lenders across the country, which are submitted to Freddie Mac when a borrower applies for a mortgage. What Freddie Mac said: “Mortgage rates continued to slide down as financial market concerns came to the fore over the last two weeks,” Sam Khater, chief economist at Freddie Mac, said in a statement.
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