When will mortgage rates drop to 4%?

When will mortgage rates drop to 4%?

If you are in the home market, it is understandable to wonder when the mortgage rates will decrease. While interest rates may not fall to 3% again, what about 4%? Even before the Covid-19 pandemic, the percentages lingered at or below 4%. The average interest rates for a 30-year-old fixed-interest mortgage rate remained over 6.5% … Read more

Most percents lower than the beginning of the Fed meeting begins

Most percents lower than the beginning of the Fed meeting begins

Mortgage interest rates are again mostly lower today. According to Zillow the average 30-year fixed rate dropped by two basic points to 6.81%The 20-year fixed rate unplugged one base point to 6.53%and the 15-year mortgage rate dropped seven basic points to 5.99%S Futures are confident that the Federal Reserve will again retain its position of … Read more