US Mortgage rates fall modestly, which should leave pressure on purchase and refinance applications ahead of the Fed monetary policy decision on Wednesday.
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The U.S. housing market has become unaffordable for many aspiring homeowners, priced out by either high home prices or high mortgage rates.
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Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States [MORTGAGE30US], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MORTGAGE30US...
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A tracker mortgage is a type of variable rate mortgage which follows a base rate. Compare the best tracker mortgage rates & deals here.