Fox Business | 3 hours ago | Finance
According to the most recent data from Freddie Mac, the average interest rate for a 30-year fixed mortgage decreased slightly over the past week. The statistics, released on Thursday, indicated a shift from 6.11% the previous week to 6.09% this week. The change reveals a modest downward trend in these long-term fixed mortgage rates. The rates are closely monitored as they influence the affordability of home loans and the real estate market in general.