The rate for a 30-year fixed-rate mortgage was 6.78% this week, down slightly from last week when it averaged 6.79%, according to Freddie Mac. A year ago, the rate was 7.44%. The rate for a 15-year fixed-rate mortgage was 5.99%, down slightly from last week when it averaged 6%. A year ago, the rate was 6.76%.
Trump directs agencies to restrict housing ownership by large investment firms
President Trump signed an executive order directing federal agencies to cease activities that facilitate the sale of single-family homes to large institutional investors and to take possible legal action against those firms.










