Mortgage Rates August 2024 Usa

Mortgage Rates August 2024 Usa. The homeownership rate was slightly lower at 65.6% in q2 2024 compared to the. A decline in inflation would also press downward on mortgage rates, which tend to move in anticipation of the fed's rate moves.

Mortgage rates have fallen to their lowest level in more than a year, a balm for prospective home buyers and sellers in a challenging real estate market. Mortgage rates in the us resumed their downward path, dropping to a new low for the year.