30-year mortgage rate inches down to 4-week low

Mortgage rates have dropped to an average of 6.30 percent, renewing hope in a more active spring homebuying season. Continue reading

Mortgage rates dropped faster this week than at any time in 40 years

The fall from 7.08 percent to 6.6 percent would save buyers approximately $100 a month on a median priced home, according to a report released Thursday from Redfin. Continue reading