The average 30-year fixed mortgage rate is around 5.98% to 5.99% this week, Freddie Mac said Thursday. The percentage is down sharply from 6.8% to 6.9% a year ago and from peaks near 8% in late 2023, per The Wall Street Journal. On a typical loan, that rate drop can cut monthly payments by hundreds of dollars for home buyers.
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Almost all of South Australia, much of western Victoria and parts of western NSW were on flood watch as a slow-moving pressure system from central Australia moved east. Queensland had also seen severe rainfall.
Highest danger rate
The astronaut who experienced a medical issue in space last month has identified himself as the sick member of his crew prompting an evacuation from the International Space Station.