Mortgage prices seemed to be heading nowhere but up at the start of the year. However, they have recently regressed.
Though Freddie Mac has reported the latest estimates Thursday, the 30-year fixed rate was reported to have dropped to 2.96 percent with an average decrease of 0.6 points. The recorded tax increase was 2.98% in the past week and 3.26% in the year prior. In the last four weeks, the total age has decreased by four years.
Freddie Mac gathers prices from a variety of lenders and forms nationwide averages. If you have a high credit score and a big down payment, you’re the kind of borrower they prefer. The conditions by which this service is offered do not apply to all.
The survey only includes mortgage loans made on houses, which