For two months, mortgage rates have remained below 3%. According to Freddie Mac, it is unlikely they will continue to drop. Over the last couple of months, mortgage rates have flattened and the economic rebound has slowed down. This has caused the demand for available property to boom with first time homebuyers choosing to, Read More
In the last few months, we have seen drastic drops in mortgage rates, but recently, we’ve reached an all-time low. The 30-year-fixed mortgage rate was 3.99% one year ago, but it dropped to 3.24% in May. This stark decrease was followed by the lowest mortgage rate ever used: 3.15% with an average 0.8 point. , Read More
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