Mortgage Rates Ease to Yearly Low
Rates on 30-year mortgages slipped to 6.3% from 6.34% last week, while rates on 15-year mortgages dropped to 5.53% from 5.55% last week.
Most Americans Use AI for Housing Market Info
A new survey found 82% of Americans use AI like ChatGPT and Gemini for housing insights, but agents remain the most trusted information source.
Most Fed Officials Supported Rate Cuts
Fed minutes show most officials backed a September rate cut, noting rising unemployment risks and easing inflation, a move that could gradually lower mortgage rates.