Ticker: Mortgage rates drop to 6.77%; US economy shrank 0.5% in the first quarter

bostonherald.com/2025/06/26/ticker-mortgage-rates-drop-to-6-77-us-economy-shrank-0-5-in-the-first-quarter

The average rate on a 30-year U.S. mortgage fell to its lowest level since early May, an encouraging trend for prospective homebuyers at a time when the U.S. housing market remains largely held back by elevated borrowing costs and rising prices.
The long-term rate fell to 6.77% from…

This story appeared on bostonherald.com, 2025-06-26 20:36:34.
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