Mortgage Interest Rates Ease Back to May Levels

By Dennis Norman, on July 22nd, 2022

Interest rates on a 30-year fixed-rate mortgage peaked at 6.28% a little over a month ago on June 14th, sending shockwaves through the St Louis housing market.  After peaking however the rates have subsided, today dropping to 5.5%, the lowest rate since July 5th.  This decline brings the mortgage rates down to the range they were I for most of May this year.

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Mortgage Interest Rates

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