Lower Mortgage Quotes Don’t Boost US Housing Market
Easing mortgage rates this week failed to give the beleaguered housing market a boost as potential buyers continue to sit on the sidelines, lacking the confidence to come to the closing table.
Earlier Thursday, Freddie Mac (FRE) said the 30-year fixed-rate mortgage averaged 6.04%, with an average 0.6 point for the week ending Oct. 23. That’s […]