Latest Updates: Related to Inflation

Mortgage Rates Drop as Existing Home Prices Reach New Highs


This morning, Freddie Mac reported the fourth straight weekly decrease in the average mortgage lending rate with the 30-year fixed dropping from 2.88% to 2.78% and the 15-year from 2.22% to 2.12%. The 30-year rate has now moved within 13 basis points of its all-time low, while the 15-year reached the lowest average in history. It may be time to refinance if you haven’t already.

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