Tag: Freddie Mac


  • Home Mortgage Demand Surges as Rates Drop to 6.35%

    Home Mortgage Demand Surges as Rates Drop to 6.35%

    Introduction to Surge in Mortgage Demand Recent data from Freddie Mac has revealed a significant shift in the home mortgage landscape, as the average interest rate for a 30-year fixed-rate mortgage has dropped to an enticing 6.35%. This marks the largest weekly decline in mortgage rates observed over the past year, stirring excitement among potential…