Mortgage rates fall to 2014 low
Average fixed mortgage rates hit a new low for the year, Freddie Mac said Thursday.
What Bond Market Rally? Mortgage Applications Fall Anyway
The easy money from the 2012 refinance wave has been made. Now, originators must focus on the purchase business, which is a more difficult area.
Mortgage rates hit a new low for the year
Not only has gas gotten cheaper, so have mortgages. The average rate for a 30-year fixed-rate loan now stands at 3.8%, a rate not seen since May 2013, according to Freddie Mac. The average 15-year fixed …
Fixed mortgage rate sinks to yearly low
The 30-year average dropped to 3.8 percent, its lowest level since May 23, 2013.