Mortgage Rates Fall in Some States
While national mortgage averages rise, 13 states experienced rate declines in the first half of the year due to local market conditions. Experts advise buyers to focus on personal finances and compare multiple lenders to secure the best loan.
Mortgage rates diverged sharply across the United States during the first half of the year, with 13 states posting rate declines despite national upward pressure.
Regional housing market turnover and local borrower credit profiles drove the divergence, according to a WalletHub report.
