Mortgage Rates Dip Slightly Just Before Holiday
Long-term mortgage rates fell for the second week in a row on Wednesday.
Freddie Mac reported today that a 30-year fixed-rate mortgage averaged 3.95 percent with a 0.7 point. Rates have now dropped incrementally for two weeks in a row. A year ago, long-term rates sat at 3.99 percent.
The UrbanTurf Mortgage Rate Disclaimer: The rates reported by Freddie Mac for 30-year mortgages are usually the best rates that the most qualified borrowers can get, so borrowers or those considering refinancing should not necessarily read this news and think that they can go out and get a loan with the quoted interest rate.
This article originally published at https://dc.urbanturf.com/articles/blog/mortgage_rates_dip_slightly_just_before_holiday/10629.
Most Popular... This Week • Last 30 Days • Ever
The big news in the development pipeline east of DC's H Street Corridor is the resur... read »
A new hotel has been pitched for a development site in Mount Vernon Triangle that has... read »
Rossdhu Gate is the remaining piece of a 30-room castle built by socialite Daisy Calh... read »
As profits drop around the country, sellers around DC are still realizing hefty retur... read »
Foxtrot closes up shop; the bus-only lanes coming to Georgia Avenue; and the new tier... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro