Posts from February 27th, 2019

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February
27

Interest Rates Hit New 12 Months Low!!

February 27th, 2019 by Wes Atiyeh

According to Freddie Mac's Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven't been seen since February 2018!

Last week's survey results reported an interest rate of 4.35%. This is a welcome change from the near 5% rates seen in mid-November. At 4.32%, the second week of February 2018 was the last time rates were this low. This can be seen in the chart below.

Freddie Mac's Chief Economist, Sam Khater, had this to say:

"Mortgage rates fell for the third consecutive week, continuing the general downward tr...

Click Here to Read More...

Categories: mortgage rates

Tags: Homes, Rva, Selling, Buying, interest rates

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Posts from February 27th, 2019

Interest Rates Hit New 12 Months Low!!

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