Economic Indicators

Mortgage rates ease for third straight week

The rate on the 30-year fixed mortgage fell to 6.67% this week from 6.69% a year ago, according to the latest data from Freddie Mac. One year ago, it averaged 5.81%.

Mortgage rates continue to come down

Mortgage rates have declined slightly but remain high over pessimism that the Federal Reserve still has a ways to go with inflation. The 15-year rate climbed to 6.10%