Monday 10 February 2020

US mortgage rates hit 3-year low

Mortgage rates have hit their lowest level in more than three years, which could provide a boost to the country’s housing market heading into spring. The 30-year fixed-rate average fell to 3.45 percent, according to the Wall Street Journal, citing data released Thursday by Freddie Mac. That’s down from 3.51 percent the week before and 4.41 percent at this time last year. The average rate for a 15-year mortgage also dropped to a three-year low



source https://therealdeal.com/2020/02/10/us-mortgage-rates-hit-3-year-low/

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