Fixed mortgage rates fell again to an all-time low last week, according to Freddie Mac.
The average rate for a 30-year, fixed-rate mortgage in the U.S. was 4.54 percent, down from 4.56 percent the prior week. This marks the sixth straight week of record-low averages since Freddie Mac began its weekly report on 30-year mortgage rates in 1971.
Typical payments ( principal and interest) on a $300,000 mortgage ( @ 4,54%, 30 year mortgage) would be $1527.19 WOW
During the same week a year ago, the average 30-year, fixed-rate mortgage was 5.25 percent.
Fifteen-year mortgages also hit a new low at 4 percent, compared with 4.03 percent a week ago and 4.69 percent last year.
I would be happy to introduce you to one of our preferred lenders to explore mortgage payments, refinancing or any other related questions.
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