Published • loading... • Updated
Weekly Mortgage Rates Ease as Inflation Loses Some Heat
- Mortgage rates have decreased for the second consecutive week.
- The average rate for a 30-year fixed mortgage dropped four basis points to 6.59% APR in the week ending August 13, according to data from Zillow provided to NerdWallet.
- A basis point represents one one-hundredth of a percentage point, and weekly averages are calculated using daily APRs from the last five business days.
Insights by Ground AI
41 Articles
41 Articles
Your Alaska Link+37 Reposted by 37 other sources
Weekly Mortgage Rates Ease as Inflation Loses Some Heat
Yes, mortgage rates inched lower for a second straight week. No, don’t get too excited.The average rate on a 30-year fixed-rate mortgage fell four basis points to 6.59% APR in the week ending Aug. 13, according to rates provided to…
Coverage Details
Total News Sources41
Leaning Left5Leaning Right12Center21Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
13%
C 55%
R 32%
Factuality
To view factuality data please Upgrade to Premium
