loading...

Mortgage Rates Remain At Lowest Level In Three Years

  • 1:11 PM EST

by UrbanTurf Staff

✉️ Want to forward this article? Click here.

Mortgage rate chart_01-22-26.png

Freddie Mac reported 6.09% as the average on a 30-year mortgage on Thursday as long-term rates remain at their lowest level in nearly three years. 

“With the economy improving and the average 30-year fixed-rate mortgage nearly a percentage point lower than last year, more homebuyers are entering the market,” said Sam Khater, Freddie Mac’s Chief Economist.

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: interest rates, mortgage rates

This article originally published at https://dc.urbanturf.com/articles/blog/mortgage_rates_remain_at_lowest_level_in_three_years/24245.

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!