Archive For January 8, 2017

Mortgage Rates Finally Fall, Ending 9-Week Streak

Mortgage Rates Finally Fall, Ending 9-Week Streak

Breaking a 9-week streak of increasing mortgage rates, the average 30-year fixed loan tumbled this week to 4.20%.  Last week, the average rate stood at 4.32%.  Government mortgage agency Freddie Mac reported that mortgage rates have fallen for the first time since the presidential election, and that the 15-year fixed rate loan and 5/1 Adjustable-Rate Mortgage…

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