Mortgage rates declined for the week ending February 25, further boosting buyer affordability, with 30-year fixed-rate mortgages averaging 3.62%, and 15-year fixed-rate mortgages averaging 2.93%. Since the beginning of 2016, Freddie Mac reports that the 30-year rate has fallen nearly 40 basis points.
Mortgage Rate Free Fall?
by kramoltz@hotmail.com | Feb 29, 2016 | Mortgages + Lending, Real Estate Facts & Figures | 0 comments