Mortgage rates dip as recession fears rattle housing market: Freddie…

Econ & Housing

Mortgage rates declined this week, continuing a volatile streak as the market digests the onset of an economic recession that will have implications for the US housing sector. A 30-year fixed-rate mortgage averaged 5.30% through Thursday, according to the latest data from Freddie Mac. The rate dipped from the previous week, when it sat at…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Lumber Futures – May 25, 2023
Lumber Futures – May 26, 2023
Default on U.S. Debt Risks ‘Permanently’ Denting Nation’s Credit Rating
Apartment Absorptions Slightly Weaker in Fourth Quarter of 2022 | Eye On Housing
Stock futures rise after GOP and White House reach tentative U.S. debt ceiling deal: Live updates