Home mortgage demand surges as rates drop to 6.35%

Business

Home Mortgage Demand Surges As Rates Drop To 6.35%

By NPR

Mortgage rates are finally falling, and just saw their biggest weekly drop in the past year. The average interest rate for a 30-year fixed-rate mortgage in the past week was 6.35%, according to Freddie Mac, down from 6.5% a week earlier. That's the l ...Read more