According to Freddie Mac’sPrimary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018!
Last week’s survey results reported an interest rate of 4.35%. This is a welcome change from the near 5% rates seen in mid-November. At 4.32%, the second week of February 2018 was the last time rates were this low.
Freddie Mac’sChief Economist, Sam Khater, had this to say:
"Mortgage rates fell for the third consecutive week, continuing the general downward trend that began late last year."
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Author:Diana Polovko Phone: 984-833-9233 Dated: February 27th 2019 Views: 212 About Diana: Honesty, integrity, and hard work are the key elements of my business. Behind every home sale or pur...
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