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Uncategorized • December 7, 2020

14 Times

by Jared Foster
Microscope
Microscope

 

 

 

 

 

 

 

 

 

 

 

 

For the 14th time this year, 30-year mortgage rates set a record and hit an all-time low.

Based on data just released by Freddie Mac, rates are now at 2.71%.  Their weekly survey of the 30-year mortgage rate dates back to 1971.

Just one year ago rates were at 3.68%.

So, what does this mean for buyers?

Based on a $400,000 loan, current rates result in a monthly payment that would be $212 less than one year ago.

POSTED ON DECEMBER 4, 2020 AT 8:51 AM
FORT COLLINS | CATEGORY: BLOG, FUN FACTS, MARKET NEWS | TAGGED , , , , 
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