The average U.S. rate for a 30-year fixed mortgage fell to 2.99% this week, the second-lowest on record, as investors worried about the economic fallout of the COVID-19 pandemic piled into the bond markets. The rate fell from 3.01% last week, Freddie Mac said on Thursday. The 15-year fixed-rate averaged 2.51%, also the second-lowest on […more]
Posted in: San Francisco
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