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  • U.S. mortgage rates drop sharply, with 30-year at 6.47%

    Aug 12, 2024 10:45 am by New York TimesIllinois in the News
    Chart shows U.S. average 30-year fixed-rate mortgage from 2019 to today. Graphic by the New York Times

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    New York Times (Aug. 8) The lower mortgage rate could encourage some homeowners to get into the market, says Professor Julia Fonseca. 'But we still have a ways to go if we consider how low these rates that people have locked in actually are.'

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