2.73%: Mortgage Rates Remain Flat
✉️ Want to forward this article? Click here.
Mortgage rates remained flat this week.
On Thursday, Freddie Mac reported 2.73% as the average on a 30-year fixed rate mortgage, unchanged from last week.
story continues below
loading...story continues above
“Mortgage rates remained flat this week and near record lows, signifying an economy that continues to struggle,” Freddie Mac's Sam Khater said in a release. “This rate environment is advantageous for those who are looking to refinance in order to strengthen their financial position. While many have already refinanced, the evidence suggests that upper income homeowners have taken advantage of the opportunity more so than lower income homeowners who could stand to benefit the most by lowering their monthly mortgage payment.”
The UrbanTurf Mortgage Rate Disclaimer: The rates reported by Freddie Mac for 30-year mortgages are usually the best rates that the most qualified borrowers can get, so borrowers or those considering refinancing should not necessarily read this news and think that they can go out and get a loan with the quoted interest rate.
See other articles related to: interest rates, mortgage rates
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/273-mortgage-rates-remain-flat/17845.
Most Popular... This Week • Last 30 Days • Ever
UrbanTurf is re-publishing an article with updated links that is a step-by-step way t... read »
Another missing middle development has been proposed along Brookland's main throughfa... read »
Development along the Maryland side of the Rhode Island Avenue corridor continues to ... read »
Maybe it was falling interest rates or perhaps more homes hitting the market, but buy... read »
The big residential plans in the works for the hotel site are changing a bit as the r... read »
- How to Obtain a Basic Business License For Your DC Rental
- From One Home to 9 Apartments Along Brookland's Main Drag
- The 3,000 Units in the Works From Route 1 to Hyattsville
- September Surge? Home Sales Pick Up In DC Area, But It May Not Last
- 630 to 570 Units: A Slight Change Of Plans For Arlington's Americana Hotel Development
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro