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Falling Mortgage Rates, Lower Home Prices: Welcome to the Housing Market’s New Reality

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realtor.com/news/trends/falling-mortgage-rates-lower-home-prices-welcome-to-the-housing-markets-new-reality

The historically busy summer real estate market is officially here, and with it comes a double dose of good news for buyers.
Mortgage rates fell for the third week in a row, hitting 6.67% for the average 30-year fixed-rate mortgage for the week ending June 22, according to Freddie Mac. That’s down from the previous week’s 6.69%.
And buyers can continue to celebrate last…

This story from realtor.com was posted on 2023-06-25 by @crystal.

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