What's Hot: The 2,600 Units in Progress, and 500 Units on Hold, in Rosslyn | Do Three Months of Rising Home Sales Mean The Market is Turning a Corner?
Mortgage Rates Kick Off 2018 By Dropping to 3.95%

Mortgage rates started out 2018 by dropping.
Freddie Mac reported 3.95 percent with an average 0.5 point as the average for a 30-year mortgage on Thursday, dropping four basis points from last week.
story continues below
loading...story continues above
“Despite increases in short-term interest rates, long-term interest rates remain subdued,” Freddie Mac’s Len Kiefer said in a release. “The 30-year mortgage rate is down a quarter of a percentage point from where it was a year ago and the spread between the 30-year fixed and 5/1 adjustable rate mortgage is the lowest since 2009.”
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.
See other articles related to: freddie mac, interest rates
This article originally published at https://dc.urbanturf.com/articles/blog/mortgage_rates_kick_off_2018_by_dropping_to_3.95/13412.
Most Popular... This Week • Last 30 Days • Ever

509 Lloyds Lane features 6,000 square feet of naturally lit space, six fireplaces, a ... read »

Clarion Partners, the owner of the Chevy Chase Pavilion, has filed modifications to i... read »

Where it's cheaper to build than buy; Elon Musk is not making Texas happy; and the wo... read »

New renderings show the public space that will be part of the huge new residential de... read »

Several large projects are in the works across the Potomac in Rosslyn while others ha... read »
- In a Highly Desirable Alexandria Location, This Newly Listed Six Bedroom Home is a Timeless Classic
- Plans Progress For a New Grocery Store at Friendship Heights Mall
- Friday's Must Reads
- New Renderings Show Retail Plaza, Park at 435-Unit Takoma Metro Development
- The 2,600 Units in Progress, and 500 Units on Hold, in Rosslyn
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