home loans

April 8, 2019
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Mortgage rates hit long-term lows

Homebuyers won big last week as the industry saw the lowest mortgage rates since January 2018. Recent numbers from Freddie Mac reported the average rate on a 30-year fixed mortgage fell to 4.06% percent with an average 0.5 point for the week ending March 28, 2019. Why are mortgage rates taking a nose dive? Freddie Mac’s Chief Economist, Sam Khater, explains that this low point is a crucial indicator that […]