3.45%: Mortgage Rates Remain Near Record Lows
Long-term mortgage rates didn’t move much this week, remaining just above the record lows reached a couple years ago.
Freddie Mac reported that 30-year fixed-rate mortgages averaged 3.45 percent with an average 0.5 point, up two basis points from last week.
“A surprisingly strong July jobs report showed 255,000 jobs added and 0.3 percent wage growth from last month, exceeding many experts’ expectations,” Freddie Mac’s Sean Becketti said in a statement. “In response, the 10-Year Treasury yield rose to its highest level since June and the 30-year fixed-rate mortgage increased 2 basis points to 3.45 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/3.45_mortgage_rates_remain_near_record_lows/11550
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Ballston
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Clarendon
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Columbia Pike
Arlington’s Neglected Stepchild is Getting a Makeover
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Crystal City
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Lyon Village
Developing An Air of Exclusivity?
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Rosslyn
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Shirlington
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Del Ray
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Eisenhower Avenue
The Vibrancy Might Take a Few Years
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Huntington
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Old Town
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Parkfairfax
132 Commerical-Free Acres
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Downtown Falls Church
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Tysons Corner
Radical Change Could Be On The Way
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Bethesda
Bedroom Community Gets Buzzing Cache
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Chevy Chase
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Downtown Silver Spring
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Potomac
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Rockville Town Square
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Takoma Park
More Than a Little Bit Quirky
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Wheaton
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Capitol Heights
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Hyattsville
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Mount Rainier
Artists, Affordable Homes and A Silo Full of Corn
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National Harbor
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Riverdale Park
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16th Street Heights
DC's Sleeper Neighborhood
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Bloomingdale
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AU Park
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Brightwood
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Burleith
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Cathedral Heights
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Chevy Chase DC
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Cleveland Park
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Columbia Heights
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Crestwood
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Dupont Circle
The Best of DC (For a Price)
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Foggy Bottom & West End
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Forest Hills
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Foxhall Village
350 Homes Just West of Georgetown
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Friendship Heights
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Georgetown
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Glover Park
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Kalorama
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LeDroit Park
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Logan Circle
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Mount Pleasant
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Mount Vernon Triangle
From Seedy to Sought-After
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Palisades
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Park View
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Penn Quarter/Chinatown
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Petworth
Getting a Vibrancy of Its Own
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Shaw
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Shepherd Park
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Spring Valley
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Takoma
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Tenleytown
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U Street Corridor
The Difference a Decade Makes
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Woodley Park
Deceptively Residential
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Adams Morgan
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Southwest DC
The little quadrant that could
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Southwest Waterfront
A Neighborhood Where A Change Is Gonna Come
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Northeast DC
Profiles of 10 neighborhoods in NE
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Brookland
New Development Could Shake Up Pastoral Peace
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Deanwood
A Little Bit of Country Just Inside the District’s Borders
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Eckington
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Fort Totten
Five Years Could Make a Big Difference
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H Street
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Langdon
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Michigan Park
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NoMa
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Rosedale
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Trinidad
The Difference 5 Years Makes
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Woodridge
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Southeast DC
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Capitol Riverfront
Still Growing
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Hill East
Capitol Hill’s Lesser Known Neighbor
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Congress Heights
Gradually Rising
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Hillcrest
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Historic Anacostia
Future Promise Breeds Cautious Optimism
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Eastern Market
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