KEY TAKEAWAYS

Mortgage rates declined, with a 30-year fixed-rate mortgage now at 6.63%.

Zions Bank's Jeremy Holmgren attributes this to a poor jobs report affecting Treasury yields.

Redfin advises buyers to act now, as rates may fluctuate with new economic data.

SALT LAKE CITY — Mortgage rates are finally dropping.

The U.S. weekly average for a 30-year fixed-rate mortgage fell to 6.63% Thursday, the Federal Home Loan Mortgage Corporation, better known as Freddie Mac, reported. That's down 0.09 percentage points from the week ending July 31, and the lowest rate since April.

And Mortgage News Daily posted a 6.55% rate for Thursday for the same type of home loan, a 0.02-percentage-point decline from Wednesday's daily index. A week ago, the site had mortgage rates at 6.75%.

So are home

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