finance

Mortgage rate pain for first-time buyers


As those proposals were dampened, then reversed, mortgage rates have started to fall again. The interest rate for a typical, new two-year fixed-rate home loan peaked at 6.65% in October, but has now dropped to 5.78%. Five-year deals, which had also topped 6%, now typically have a rate of 5.61%.



READ SOURCE

Readers Also Like:  What is the TikTok creativity fund?

This website uses cookies. By continuing to use this site, you accept our use of cookies.