Mortgage rates settle near historic lows as the purchase market begins to pick up

May 14, 2020 |

Mortgage rates have held steady for the past three weeks, a remarkably calm period after early spring’s wild swings. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average crept up to 3.28 percent with an average 0.7 point. (Points are fees paid to a lender equal to 1% of the […more]

Posted in: San Francisco

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