Mortgage Rates Remain Below 3% for the Third Straight Week
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. … Read more