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The median interest rate on a 30-year fixed-rate mortgage is 5.990% as of September 19, which is unchanged from yesterday.
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
The current median interest rate is 5.990% for a 30-year fixed-rate mortgage and 4.990% for a 15-year fixed-rate mortgage.
The homebuyers are using the savings from their low-interest-rate mortgages to pay down debt and cover medical and retirement ...