Rate Update: Mortgage Rates Take a Dive Below 7%!
Exciting news in the housing scene! Mortgage rates have taken a delightful plunge, slipping below that 7% mark—a sweet little surprise before the holidays!
Freddie Mac's recent survey showed the 30-year fixed mortgage rate averaged 6.95% for the week ending December 14. That's down from last week's 7.03%—talk about a trend we're thrilled to see!