Mortgage Rates defy the odds and hit a new all time low
This morning Freddie Mac reported a new low - the average mortgage rate for a 30-year fixed loan fell to 2.8% this week. The rate fell one basis points from the week prior and is now six basis points lower than the original all-time low set in mid-September. The average fixed rate for a 15-year mortgage was 2.33%, falling from [...]