30-Year Mortgage Rate Reaches Lowest Level Ever: 2.98%

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The average rate on a 30-year fixed mortgage fell to 2.98%, the lowest level on record. Here’s what’s happening.

In a year of financial firsts, this one stands out: Mortgage rates have fallen below the 3% mark.

The average rate on a 30-year fixed mortgage fell to 2.98%, mortgage-finance giant Freddie Mac said Thursday, its lowest level in almost 50 years of record keeping. It is the third consecutive week and the seventh time this year that rates on America’s most popular home loan have hit a fresh low.

 

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While home prices are at all time highs, no thanks.

Capitalism is collapsing. That's what's happening. Saved you the read

Uh...why does this make me worry?

gogosigo pedrorbezo a abrir la chequera

🤔

I will be paying 3 percent adjustable rate to Wells Fargo starting September. I am happy 😊

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