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Mortgage Rates Drop Below 3.6 Percent

  • October 10th 2019

by UrbanTurf Staff

Long-term mortgage rates dropped below 3.6 percent this week. 

On Thursday, Freddie Mac reported 3.57 percent with an average 0.5 point as the average for a 30-year mortgage, down eight basis points from last week.

 

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-drop-below-36-percent/16002.

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