Mortgage Rates Slide Down Again
For the second consecutive week, rates slid to at or just below three percent
For the second consecutive week, rates slid to at or just below three percent
Per usual, Corcoran is keeping it real.
Following seven weeks of increases, rates fell slightly across the board
Seven consecutive weeks of small but upward movement continues, but confidence in the market remains high
The week’s end data shows the 30-year fixed-rate average jumped to 3.17 percent
Interest in refinancing continues to decline week over week as mortgage rates rise.
Experts point to falling COVID numbers as an indicator of rising rates, but many say there’s no need to panic.
One finance expert warns buyers getting caught up in the real estate rush could lead to long-term financial stress.
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