The average 30-year mortgage was reported at 2.98 percent, down from 3.03 percent. It’s the first time the rate has fallen below 3 percent in 50 years.
Source: Inman News
30-year mortgage rates dip below 3% for first time in 50 years
Published in freddie mac, Markets & Economy, mortage rates, Mortgage, Sam Khater and Select
More from freddie macMore posts in freddie mac »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- Mortgage giants ‘very close’ to accepting new FICO score
- Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers
More from Markets & EconomyMore posts in Markets & Economy »
- 53% of US homes lost value from 2024 — but it’s not a crash
- 8 reasons you should never recommend a 50-year mortgage
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- How to help senior real estate clients right-size with confidence
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
More from mortage ratesMore posts in mortage rates »
More from MortgageMore posts in Mortgage »
- 8 reasons you should never recommend a 50-year mortgage
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- Stop freaking out about 50-year mortgages. They might save the housing market
More from Sam KhaterMore posts in Sam Khater »
- Most Gen Z sellers have regrets over pandemic home purchases
- Strong December jobs report pushes mortgage rates higher
- On anniversary of all-time low, mortgage rates climb past 3.2%
- Mortgage rates dip as Omicron variant triggers market volatility
- Before the Fed sped up tapering, mortgage rates saw little change
More from SelectMore posts in Select »
Be First to Comment