What's Hot: 11th Street Bridge Park on Track for Completion in 2024 | No Smoking, Please: Virginia May Make it Easier to Ban Smoking in Condo Units
3.55: Rates Down Slightly, Hover Near Record Low

This morning, Freddie Mac reported 3.55 percent with an average 0.7 point as the average on a 30-year fixed-rate mortgage, down from an average of 3.59 percent last week. Rates reached their all-time record low of 3.49 percent in late July.
From Freddie Mac vice president and chief economist Frank Nothaft:
Mortgage rates were little changed over the holiday week amid mixed economic data releases. Although consumer spending rose 0.4 percent in July, representing the largest gain in five months, the core price index was unchanged suggesting little threat of inflation.
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.
Here’s a look at the path of rates since January 2010:

See other articles related to: mortgage rates
This article originally published at http://dc.urbanturf.com/articles/blog/3.55_rates_down_slightly_hover_near_record_low/5991
Most Popular... This Week • Last 30 Days • Ever

UrbanTurf is re-running its primer on property taxes which outlines a few things that... read »

Today, UrbanTurf looks at where homes were selling in less than a week in January. ... read »

The 11th Street Bridge Park project is progressing through the approval process.... read »

Another 30-day public comment period is currently underway.... read »

Another Shaw church has development plans on the boards.... read »
- The 5 Things To Know About DC Property Taxes
- Six Days or Less: The DC Neighborhoods Where Homes Flew Off the Market in January
- 11th Street Bridge Park on Track for Completion in 2024
- DCRA Releases Revised Short-Term Rental Regulations For DC
- A Church-Led Residential Development on the Boards in Shaw
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. Visit guides.urbanturf.com or 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