US Mortgage Rates Plunge to 5.3% in Biggest Drop Since 2008

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US Mortgage Rates Plunge to 5.3% in Biggest Drop Since 2008

Bloomberg2022-07-07

Mortgage rates in the US posted the biggest one-week decline since 2008.The average for a 30-year loan fell to 5.3%, the lowest in a month and down from 5.7% last week, Freddie Mac said in a statement...

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PearlynCSY
·2022-07-08
Goldman slashes GDP forecast for the second quarter to just barely above water. Goldman sliced its second-quarter outlook for GDP to just 0.7%, down from the previous expectation of a 1.9% increase.Combined with the decline of 1.6% in the first quarter that would bring the first half to within a whisker of a recession.Wells Fargo economists said they expect more aggressive Fed policy to step up the timeline for a “moderate” recession starting soon and lasting a year.
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MO75
·2022-07-08
So who wanna buy house now ?
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Seah CL
·2022-07-08
K
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Dalang
·2022-07-08
Strong
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Williamw
·2022-07-07
Ok
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NPC69
·2022-07-07
K
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Edwardtoh
·2022-07-07
Read
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Mortgage Rates Plunge to 5.3% in Biggest Drop Since 2008\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-07 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-07/us-mortgage-rates-plunge-to-5-3-in-biggest-drop-since-2008?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mortgage rates in the US posted the biggest one-week decline since 2008.The average for a 30-year loan fell to 5.3%, the lowest in a month and down from 5.7% last week, Freddie Mac said in a statement...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-07/us-mortgage-rates-plunge-to-5-3-in-biggest-drop-since-2008?srnd=premium\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".IXIC","symbol_name":"NASDAQ Composite","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2022-07-07/us-mortgage-rates-plunge-to-5-3-in-biggest-drop-since-2008?srnd=premium","article_id":"1180655595","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1180655595","pubTimestamp":1657203627,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Mortgage rates in the US posted the biggest one-week decline since 2008.The average for a 30-year lo","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".IXIC":"NASDAQ Composite"},"translate_title":"美国抵押贷款利率跌至5.3%，创2008年以来最大跌幅","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".IXIC":0.9},"content_text":"Mortgage rates in the US posted the biggest one-week decline since 2008.The average for a 30-year loan fell to 5.3%, the lowest in a month and down from 5.7% last week, Freddie Mac said in a statement Thursday.Buyers are getting a slight reprieve from this year’s massive rise in rates that has started to cool parts of the US housing market. 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