Homeowners leaving for extended trips should look for ways to prevent break-ins and home accidents, including holding the mail and unplugging appliances.
The average rate on 30-year mortgages fell from 6.69% last week to 6.6%, the lowest level since Oct. 24. The rate on 15-year fixed-rate mortgages fell to 5.84%.
More than 300K mortgage refinances closed in Sept. and Oct. – the most in 2.5 years – as borrowers took advantage of interest rates in the low 6% range.
Redfin found that more buyers are in the market because they have accepted mortgage rates will remain above 6% for the foreseeable future, among other reasons.