As quick as they shot up, mortgage rates have fallen back down. The average rate on a 30-year fixed mortgage fell to a hair above 4 percent this week, according to Freddie Mac data first reported by the Wall Street Journal. The number is the lowest since January 2018, just before the average began to steadily rise to a November peak to just below 5 percent. High mortgage rates in the fall pushed mortgage applications […]
source https://therealdeal.com/la/2019/03/28/how-low-can-they-go-mortgage-rates-fall-again-enticing-borrowers/#new_tab
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