Housing Market Update: Mortgage Rates and Housing Payments Drop to Lowest Level Since Spring

This week has brought a few pieces of good news to the housing market: Mortgage rates are dropping, new listings are rising and mortgage-purchase applications are up nearly 20% from their November low point.  Daily average mortgage rates have fallen to 6.82%, their lowest level since May. This marks the first time daily rates have … Continue reading Housing Market Update: Mortgage Rates and Housing Payments Drop to Lowest Level Since Spring