Purchase mortgage rates average 5.10% continuing two-week slide

May 26, 2022 |

Purchase mortgage rates this week averaged 5.10% continuing a decline from last week amid a housing market slowdown, according to the latest Freddie Mac PMMS.  A year ago at this time, 30-year fixed rate purchase rates were at  2.95%. The government-sponsored enterprise index accounts solely for purchase mortgages reported by lenders during the past three […more]

Posted in: San Francisco

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