FX.co ★ US MBA 30-Year Mortgage Rate Sees Slight Dip to 7.04%

The latest data on the US MBA 30-Year Mortgage Rate shows a slight decrease, settling at 7.04%. This comes after the previous recorded rate stood at 7.06%. The information was last updated on February 28, 2024, although specific dates for the changes are not provided. Mortgage rates are closely monitored by economists and potential homebuyers alike as they can have a significant impact on the housing market and overall economy. Analysts will be observing how this marginal decrease may influence borrowing and home purchasing trends in the coming weeks.