Mortgage rates slide to a three-year low, reviving home buying
TL;DR
Freddie Mac reports the 30-year fixed-rate mortgage averaged 6.06% as of Jan. 15, the lowest in more than three years and down from 7.04% a year ago, a drop that has spurred renewed homeBuying and refinancing activity and eased the lock-in effect as affordability improves.
Topics:businessreal-estate#freddie-mac#home-buying#housing-market#interest-rates#mortgage-rates#real-estate
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- Rates have dropped to the lowest point in years — here are the best lenders for refinancing your mortgage CNBC
- 30-Year Mortgage Rate Falls to 3-Year Low | Florida Realtors
- Mortgages at 6% Pose Critical Test for Frozen Housing Market Bloomberg.com
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