Finance Mortgage rates dip to 2024 low The average rate on a 30-year mortgage eased this week to its
Mortgage buyer Freddie Mac said Thursday that the rate fell to 6.46% from 6.49% last week. That's due to signs of waning inflation and a cooling job market that have raised expectations that the Federal Reserve will cut its benchmark interest rate next month for the first time in four years. Sales of previously occupied U.S. homes ended a four-month slide in July.
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