The rate for a 30-year fixed-rate mortgage averaged 7.02% this week, down from last week when it averaged 7.09%. A year ago, the 30-year rate was 6.39%. The rate for a 15-year fixed-rate mortgage averaged 6.28%, down from last week when it averaged 6.38%. A year ago, the rate was 5.75%.
Final: Consumer sentiment fell 4.8 points in April
Consumer sentiment fell 4.8 points in April to 52.2, down 25.0 points from one year ago, according to final results of the University of Michigan Surveys of Consumers. The Current Economic Conditions Index decreased 4.0 points from the...