Tag Archives: Mortgage rate falls below 3% for the first time

Mortgage rate falls below 3% for the first time

The average 30-year fixed-rate mortgage fell to a record low of 2.98% last week, according to Freddie Mac. That’s the lowest level in the mortgage giant’s nearly 50-year survey. The 15-year fixed-rate mortgage fell to 2.48%. The average rate for a 30-year fixed-rate mortgage fell below last week’s record low …

Read More »