After 4 weeks of increases, mortgage rates finally recede nationwide.
Mortgage rates rose for the third straight week this week. Could this be the end of rock-bottom mortgage rates?
30-year fixed rate mortgage rates made new, all-time lows once again this week.
The national average 30-year fixed rate mortgage rate fell 5 basis points to 3.66% this week.
For the fifth consecutive week, conforming 30-year fixed rate mortgage rates have dropped to new all-time lows.
Conforming mortgage rates continue to drop.
As mortgage rates drop, so do housing payments. It’s a good time to consider refinancing your home, or making an offer on a new one. Mortgage payment affordability has never been so high in history.
Mortgage rates have troughed. Or, so it seems.