Mortgage rates moved lower once again, but don't expect them to stay down for long

Mortgage rates moved lower once again, but don't expect them to stay down for long

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Mortgage rates fell for the second week in a row, but their decline may be short-lived. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped to 2.94% with an average 0.7 point. (Points are fees paid to a lender equal to 1% of the loan [...]
 
Thu, May 13, 2021 2:34:00 PM, Continue reading at the source
Source: San Francisco Chronicle Real Estate News

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