Friday, August 21

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Personal Finance Mortgage rates slip to 6.65%, but borrowers still pay more than a year ago Tech Nevada clears 8,000 robotaxis for Las Vegas, and Tesla says it will not fill its share Economy Evergrande's founder gets life in prison as China closes the book on its property bust Companies Samsung is set to hand back more than $70 billion as AI memory profits pile up Markets Walmart's slowest US sales growth in six years knocks 703 points off the Dow Crypto Bitcoin tops $75,000 as a $3 billion short squeeze meets the Treasury's bond buybacks Crypto Webull's record quarter shows retail traders want options, not crypto Tech Micron's $50 billion bet is turning Boise into a chip town Personal Finance Mortgage rates slip to 6.65%, but borrowers still pay more than a year ago Tech Nevada clears 8,000 robotaxis for Las Vegas, and Tesla says it will not fill its share Economy Evergrande's founder gets life in prison as China closes the book on its property bust Companies Samsung is set to hand back more than $70 billion as AI memory profits pile up Markets Walmart's slowest US sales growth in six years knocks 703 points off the Dow Crypto Bitcoin tops $75,000 as a $3 billion short squeeze meets the Treasury's bond buybacks Crypto Webull's record quarter shows retail traders want options, not crypto Tech Micron's $50 billion bet is turning Boise into a chip town

Topic: homebuying

Rows of houses in an American suburb

New Personal Finance

Friday, 8/21, 01:12 AM

Mortgage rates slip to 6.65%, but borrowers still pay more than a year ago

The average 30-year fixed mortgage fell to 6.65% this week from 6.67%, according to Freddie Mac's weekly survey.
That two-basis-point move is worth about $5 a month on a $400,000 loan, and rates are still 7 basis points above where they stood a year ago.
Here is what actually sets the number, and why the Federal Reserve is not it.

homebuying — news and stories on this topic

This page collects all of Boursel's coverage of homebuying. Follow the topic from one place: new stories appear here automatically as more is published. That way you stay on top of how the situation develops.

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