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Saaj Patel
  • Real Estate Agent
  • 901 Market st Suite 3065 Philadelphia, PA 19107
37
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71
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US 30-Year Mortgage Rate Tumbles by Most in More Than a Year - Bloomberg

Saaj Patel
  • Real Estate Agent
  • 901 Market st Suite 3065 Philadelphia, PA 19107
Posted

Small indicators of some relief in the housing market:

Mortgage rates have fallen for a second week in the US.

Contract rate dropped 25 basis points last week, to 7.61%.

applications for home purchases have risen the most since June.

Read the full Bloomberg report here

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