Home | About | Blog | Facebook | Twitter

Saturday, March 23, 2019

Mortgage Rates Lowest in a Year: Top 4 Housing Picks

Mortgage Rates Lowest in a Year: Top 4 Housing Picks: The U.S. housing market started building up strength since the beginning of 2019, after a torrid second half of 2018. Declining mortgage rates and moderate home prices are likely to bring about a busy spring selling season for the industry.

Per mortgage finance company Freddie Mac’s Primary Mortgage Survey, the average U.S. 30-year fixed-rate mortgage slipped to the lowest level in a year to 4.28% for the week ended Mar 21 from 4.31% recorded a week ago. The said figure was also lower than the year-ago 4.45%.