Mortgage rates retreated from a two-year high this week, brought down by signs that the economy is cooling, as reported by Freddie Mac.
The average rate on 30-year fixed-rate loans fell to 6.72 percent for the week ending July 27 from 6.80 percent the week before.
A year ago, the 30-year mortgage rate averaged 5.77 percent.
Read more about the fall of mortgage rates…
Remember, we can help with any of your Myrtle Beach real estate needs, including luxury homes, Myrtle Beach land, new homes in and around Myrtle Beach, and specific information about the cities of Conway, Garden City Beach, Georgetown, Litchfield Beach, Little River, Murrells Inlet, North Myrtle Beach, Pawleys Island, and Surfside Beach. To search for Myrtle Beach real estate now, simply click the "Search for Myrtle Beach Real Estate" link at the top or bottom of this page.
Tell Others About This Article
Leave a Comment