Mortgage rates fall as demand for home loans rises

Oct 1, 2020 |

Mortgage rates fell as growing demand for home loans continue to strain lenders’ capacity to process them. The average for a 30-year fixed-rate mortgage reached 2.88%, down from 2.90%, with an average 0.8 point, according to a Freddie Mac report released Thursday. (A point is a fee buyers pay, in addition to the interest rate, […more]

Posted in: San Francisco

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