
Bay Area Real Estate Update
Mortgage Rates Ease, Future Unclear From Redfin's Chief Research Economist Chen Zhao and Rocket Mortgage.Although mortgage rates declined slightly for the past two consecutive weeks after a dramatic hike in July, they still sit near their 12-month high, with a 30-year fixed average of 6.65%. With
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Bay Area Real Estate Update
Mortgage Rates SteadyFrom Redfin's Chief Research Economist Chen Zhao and Rocket Mortgage. The Federal Reserve left interest rates unchanged at its June meeting, but policymakers' updated projections ("dot plot") now point to the possibility of a rate hike later this year instead of the rate cut
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