Mortgage rates increased slightly to 6.30%, reversing three weeks of declines but remaining lower than last year's average of 6.76%. For a $415,000 home with a 20% down payment, the monthly cost is now approximately $2,055, saving buyers about $100 compared to April 2025 rates. This trend highlights ongoing favorable conditions for current homebuyers despite market volatility.
Read the full article at Realtor.com Blog
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