After the Federal Reserve’s most recent announcement, mortgages rates tumbled — and they may keep falling. The Fed said that it would get back into bond buying, causing rates to fall, CNBC reported. The average rate on the 30-year fixed dropped to 4.34 percent from 4.40 percent — the lowest point in more than a year. In November, the rate soared over 5 percent, which led home sales to fall in the following months. The […]
source https://therealdeal.com/2019/03/22/buyers-can-reap-savings-as-mortgage-rates-slide-but-its-not-all-good-news/
No comments:
Post a Comment