Interest Rates – Page 43

U.S. Mortgage Rates Fall to 6.2%, Lowest Since Early 2023

The average rate on 30-year mortgages declined to 6.2 percent this week, the lowest point since early 2023.

By Danielle Kaye

The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the region’s flagging economy.

By Eshe Nelson

Consumer Price Index inflation continued to cool, reaching a new three-year low. But signs of stubbornness lingered under the surface.

By Jeanna Smialek

Economists and analysts are dubious of Trump’s promises to slash gas prices or prod interest rates lower.

By Jeanna Smialek and Jim Tankersley