Mortgage rates drop below 5% for first time since April

[HEROO]

Mortgage rates drop below 5% for first time since April

 

Mortgage rates dropped for the second week in a row, falling below 5% for the first time since mid-April.

The 30-year fixed-rate mortgage averaged 4.99% in the week ending August 4, down from 5.3% the week before, according to Freddie Mac. But that is still significantly higher than this time last year when it was 2.77%.

Rates rose sharply at the start of the year, hitting a high of 5.81% in mid-June. But since then, economic concerns have made them more volatile. 

"Mortgage rates remained volatile due to the tug of war between inflationary pressures and a clear slowdown in economic growth," said Sam Khater, Freddie Mac's chief economist.

 

[Katti_Ramdas]

Ne 5.5 ki lock chesa

[HEROO]

8 hours ago, Katti_Ramdas said:

Ne 5.5 ki lock chesa

Ask them again to Lock for todays rate it will be less

[BommaliNinnodhala]

20 minutes ago, HEROO said:

Ask them again to Lock for todays rate it will be less

Bengay ani antaaru —

[Katti_Ramdas]

18 minutes ago, BommaliNinnodhala said:

Bengay ani antaaru —

Already ade annaru

[HEROO]

2 hours ago, BommaliNinnodhala said:

Bengay ani antaaru —

 

2 hours ago, Katti_Ramdas said:

Already ade annaru

Lock with other vendors

 

 Closing varaki nee istam man you can shop any where just say ivala rate ki lock cheyyakunte i am going with different lender ani 

[Katti_Ramdas]

25 minutes ago, HEROO said:

 

Lock with other vendors

 

 Closing varaki nee istam man you can shop any where just say ivala rate ki lock cheyyakunte i am going with different lender ani 

Adi kooda chesa le. Got 1% less now