ADP jobs data shows tepid growth for December as mortgage rates fall to sub‑7% lows

The average US mortgage rate for a 30-year mortgage dropped to 6. 25%, the lowest it’s been since September, according to a report from the Mortgage Bankers Association (MBA) on Wednesday. The report says that for jumbo loans, which people use to buy pricier homes, the rate hit 6. 32%, a level not seen since April 2023, […] source: https://www.cryptopolitan.com/adp-jobs-data-tepid-mortgage-rates-sub%e2%80%917/