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Real Estate

“Mortgage rates hit an all-time low…”

“Mortgage rates fell to an all-time low this week, a boon for home buyers and owners alike who can lock in the rate.

The rate for the 30-year fixed mortgage dropped to 3.15%, according to Freddie Mac, an agency that backs mortgage loans, dipping below the previous record low of 3.23% set on April 30… 

“The 30-year fixed-rate mortgage has again hit the lowest level in our survey’s nearly 50-year history,” said Freddie Mac Chief Economist Sam Khater in a press release “breaking the record for the third time in just the last few months.”…”

https://finance.yahoo.com/news/mortgage-rates-hit-at-an-alltime-low-amid-pandemic-194527625.html

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