Thursday, November 5, 2020

Mortgage Rates Hit An All Time Historic Low!

“Mortgage rates hit another record low, the twelfth time this year, due to economic and political ambiguity,” said Sam Khater, Freddie Mac’s Chief Economist.
  • 30-year fixed loan Average for Rates, fell to 2.78% ("0.7 points/fees").
  • 15-year fixed loan Average for Rates, fell to 2.32% ("0.6 points/fees").
  • The lowest in History (of record keeping by Freddie Mac, back to 1971)!

Rates In The Past 3 Years:


Rates Since 1971:



Bottom Line:

http://www.freddiemac.com/pmms/index.html?intcmp=CWS-HP&_ga=2.79679123.642634188.1604607675-2066066334.1603906005
https://drive.google.com/file/d/1bJ6BMx2Il4al7DWwC0E4Kh33SJn-mZWu/view?usp=sharing

 

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