Mortgage rates have fallen to the lowest level in more than a year as the average rate on a 30-year fixed mortgage dropped to 6.47% from 6.73%, according to Freddie Mac. Yahoo Finance Senior Housing Reporter Dani Romero breaks down how mortgage rates will most likely continue falling even before a September interest rate cut from the Federal Reserve.
For more expert insight and the latest market action, click here to watch this full episode of Wealth!
This post was written by Melanie Riehl
