Mary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.
AAA points to depreciation, lower finance charges, reduced gas prices, and a shift toward more affordable vehicles as the main reasons for the savings.
The 30-year fixed mortgage rate decreased to 6.49 percent last week, marking its lowest level since October 2024, according to the Mortgage Bankers Association.
AAA points to depreciation, lower finance charges, reduced gas prices, and a shift toward more affordable vehicles as the main reasons for the savings.
The 30-year fixed mortgage rate decreased to 6.49 percent last week, marking its lowest level since October 2024, according to the Mortgage Bankers Association.