Mortgage rates drop to historic lows

May 28, 2020 |

Amid market uncertainty surrounding the coronavirus, mortgage interest rates took a dive—great news for anyone looking to purchase a new home. But rates didn’t just tick down a notch; the 30-year fixed-rate mortgage is now at its lowest ever. In late April rates dropped to 3.23% with an average .7 point paid to the lender. […more]

Posted in: Chicago

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