rates on long-term loans decrease

According to the Freddie Mac Primary Mortgage Survey, long-term mortgage rates decreased as the pace of inflation increase slowed. As of May 11, the average rate for 30-year fixed-rate mortgages was 6.35%, down from the previous week’s average of 6.39% and higher than the 5.30% rate from a year ago. The average rate for 15-year … Read more