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2024-09-20 16:10:24
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finance.yahoo.com on Nostr: Bullet points of Mortgage rates fall to lowest level in two years: Here’s how much ...

Bullet points of Mortgage rates fall to lowest level in two years: Here’s how much money you need to buy a $400,000 home
- The 30-year fixed-rate mortgage averaged 6.09% as of Sept. 19, the lowest level in two years
- The Federal Reserve cut its benchmark interest rate, which is expected to stimulate more activity in the housing market
- Homeowners are already jumping in to refinance their outstanding mortgage balances
- Buyers have been holding back due to high prices
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