Wednesday, August 26, 2020

30-year Fixed Mortgage Rate Hits Historic Low

30-year fixed mortgage rate reaches lowest level
in survey history according to Freddie Mac. - KCM

Rates have gone down farther since this graphic was made. They have also stabilized.
This isn't the rate a consumer will get, but it's a good indication of trends. You can check Freddie Mac's weekly rates here: www.freddiemac.com/pmms
The Federal Home Loan Mortgage Corporation, also known as Freddie Mac, is a public government-sponsored enterprise that purchases mortgages on residences from loan originators.


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