Mortgage Rates Ease to 7.37% Amid Fading Inflation Fears and Geopolitical Relief
WASHINGTON — U.S. mortgage rates pulled back slightly this morning, offering a modest reprieve to prospective homebuyers and market observers as immediate inflation concerns temporarily subsided. According to benchmark data provided to financial markets by Zillow, the average interest rate on a 30-year fixed-rate mortgage slipped to 7.37% APR. The reading represents a 10-basis-point drop…
