Mortgage rates pull back on weaker-than-expected economic data

Oct 10, 2019 |

Mortgage rates retreated this week after the services sector reported its slowest growth rate in three years. According to data released Thursday by Freddie Mac, the 30-year fixed-rate average fell to its lowest level in a month, dropping to 3.57%, with an average 0.6 point. (Points are fees paid to a lender equal to 1% […more]

Posted in: San Francisco

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