“US mortgage rates have dropped to another all-time low. Can they go even lower?”
June 22, 2020
“Mortgage rates keep rewriting the record books. Mortgage giant Freddie Mac says rates on 30-year fixed-rate mortgages dropped last week to a new low in its survey that goes back nearly 50 years — and it’s the fourth time that’s happened since early March.
Freddie Mac says the typical 30-year rate has dipped to 3.13%, but a survey of lenders from Mortgage News Daily found that average rates plunged below 3% for the first time ever earlier this month.
Will rates keep going down? As that classic toy, the Magic 8 Ball, says, “Signs point to yes” — but experts say don’t take ultra-low rates for granted…”
https://finance.yahoo.com/news/mortgage-rates-time-low-even-015000831.html