Mortgages at Nearly 50 year Low

By : Annett

It is a good time to consider investment properties, cashing out, trading up, downsizing or refinancing! The average rate of a 30-year fixed rate mortgage fell to a historic low of 3.29 percent last week. This is one of the lowest rates in almost 50 years. Sam Khater, Freddie Mac’s Chief Economist, said “Mortgage applications increased […]

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