Mortgage rates sink below 5% for the first time in four months

Aug 4, 2022 |

The 30-year fixed mortgage rate, the interest for the most popular home loan product, dropped below 5% for the first time in four months. According to the latest data, released Thursday by Freddie Mac, the 30-year fixed-rate average tumbled to 4.99% with an average 0.8 point. (A point is a fee paid to a lender […more]

Posted in: San Francisco

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