Could average mortgage rates fall below 3%? If the recent trend continues, it is a clear possibility. The 30-year fixed-rate mortgage averaged 3.07% for the week ending July 2, six basis points less than the week before, Freddie Mac FMCC, + 1.59% reported Thursday. In comparison, these loans had an …
Read More »Mortgage rates remain constant at record lows, but can you really take advantage of them?
Mortgage rates held at record lows for the second straight week, which could present an opportunity for some homeowners to increase their emergency funds. The 30-year fixed-rate mortgage averaged 3.13% for the week ending June 25, unchanged from the previous week, Freddie Mac FMCC, + 0.47% reported Thursday. Comparatively, these …
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