{"id":21175,"date":"2023-12-08T02:48:10","date_gmt":"2023-12-08T08:48:10","guid":{"rendered":"https:\/\/ustower.net\/?p=21175"},"modified":"2023-12-08T02:48:17","modified_gmt":"2023-12-08T08:48:17","slug":"us-mortgage-rates-fall-to-nearly-4-month-low-freddie-mac","status":"publish","type":"post","link":"https:\/\/ustower.net\/?p=21175","title":{"rendered":"US mortgage rates fall to nearly 4-month low &#8211; Freddie Mac"},"content":{"rendered":"\n<p class=\"has-medium-font-size\">Dec 7 (Reuters) &#8211; Interest rates on the most common type of U.S. home loan fell for a sixth straight week to the lowest in almost four months on the back of a bond market rally that has driven down yields on the securities used to set mortgage costs, data out Thursday showed.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">Mortgage finance giant Freddie Mac said the average rate on a 30-year fixed rate mortgage fell to 7.03% as of Thursday from 7.22% the week before. That is the lowest since mid-August.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">Since hitting their highest levels in more than two decades in October near 8%, mortgage rates have tumbled as bond markets have rallied on expectations the Federal Reserve is done with its aggressive tightening campaign to rein in inflation.<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><a href=\"https:\/\/www.reuters.com\/markets\/us\/us-mortgage-rates-fall-nearly-4-month-low-freddie-mac-2023-12-07\/\">Reuters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dec 7 (Reuters) &#8211; Interest rates on the most common type of U.S. home loan fell for a sixth straight week to the lowest in almost four months on the back of a bond market rally that has driven down yields on the securities used to set mortgage costs, data out Thursday showed. Mortgage finance [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":21176,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1155],"tags":[24860,4271,8905,3787,3067,24859],"class_list":["post-21175","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-bond-market","tag-home-loans","tag-interest-rates","tag-mortgages","tag-rise","tag-security-yields"],"_links":{"self":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/21175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21175"}],"version-history":[{"count":1,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/21175\/revisions"}],"predecessor-version":[{"id":21177,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/21175\/revisions\/21177"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/media\/21176"}],"wp:attachment":[{"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}