Tag Archives | mortgage rates

Mortgage Rates at Record Low

The National Association of Realtors just reported that record low 30-year fixed-rate mortgages are back, pushing home affordability even higher for home buyers. Last week, fixed-rates trickled up after six weeks of breaking records. But this week, 30-year fixed-rate mortgages and 5-year adjustable rate mortgages took another dip into record territory, Freddie Mac reports in […]

Why are mortgage rates so low?

As housing conditions continue to improve, mortgage interest rates remain near record-low levels.  Amy Hoak with MarketWatch has shared an article regarding the reasons behind why rates are staying this low. Rates on a 30-year fixed-rate mortgage averaged 3.71% for the week ending June 14, according to Freddie Mac’s weekly survey of conforming rates. Before […]