Mortgage rates hit 13-week low in wake of Iran crisis

Jan 9, 2020 |

Tensions in the Middle East caused mortgage rates to tumble, but the decline wasn’t as steep as might have been expected. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average fell to 3.64% with an average 0.7 point. (Points are fees paid to a lender equal to 1% of the […more]

Posted in: San Francisco

Comments are closed.