Mortgage charges fall again under 3 p.cPosted by: jhon | Posted on: April 22, 2021
For the third week in a row, mortgage charges pulled again as Treasury yields continued to exert downward strain.
In response to the most recent information launched Thursday by Freddie Mac, the 30-year fixed-rate common tumbled to 2.97 p.c with a mean 0.7 level. (Factors are charges paid to a lender equal to 1 p.c of the mortgage quantity and are along with the rate of interest.) It was 3.04 p.c every week in the past and three.33 p.c a yr in the past.