Mortgage rates dip, but the change ‘isn’t a trend,’ expert says

May 19, 2022 |

Mortgage rates ticked downward this week, rocked by an undercurrent of economic uncertainty, but continue to be elevated above the familiar days when they hovered around 3 percent. The 30-year fixed-rate mortgage averaged 5.25 percent as of Thursday, a dip from last week when it averaged 5.3 percent, according to data released by Freddie Mac. […more]

Posted in: San Francisco

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