Mortgage Rates Move Lower Than Last Year

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Borrowing costs from mortgage rates were cheaper last week than a year ago, Freddie Mac reported in its weekly mortgage market survey.   It’s been a year since the Federal Reserve had announced a tapering of its monthly mortgage bond-buying program.  The 30-year fixed-rate mortgage had then jumped to a 4.46% average. Last week, rates averaged 4.14%.
Read article – Realtor Magazine

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About dherries
Dave and Sally Herries and The RealtyColorado Team - Real Estate Broker serving the metro-Denver area. Offering properties in urban, sub-urban and rural areas. Our mission statement is "Enriching lives through real estate."

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