30-Year Mortgage Rates Fall to Lowest Level in Over a Year, Application Numbers Pick Up

By Naveen Athrappully Interest rates on mortgage loans have dipped to their lowest level in almost 15 months, with mortgage applications increasing in tandem. The average rate on a 30-year fixed-rate mortgage fell to 6.47 percent for the week ending on Aug. 8, according to latest data from Freddie Mac. This is the lowest rate […]