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home / news releases / DHI - Mortgage rates fall as inflation slows


DHI - Mortgage rates fall as inflation slows

2023-07-20 14:34:06 ET

  • Mortgage rates fell as inflation slowed, according to the Freddie Mac Primary Mortgage Survey.
  • 30-year fixed-rate mortgages averaged 6.78% during the week ending July 20, down from last week when they averaged 6.96% and up from 5.54% a year ago.
  • 15-year fixed-rate mortgages averaged 6.06%, below 6.30% from last week and higher than 4.75% in the year-ago period.
  • "As inflation slows, mortgage rates decreased this week," Freddie Mac's chief economist, Sam Khater, said.

For further details see:

Mortgage rates fall as inflation slows
Stock Information

Company Name: D.R. Horton Inc.
Stock Symbol: DHI
Market: NYSE
Website: drhorton.com

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