MORTGAGE RATES FALL TO THE LOWEST SINCE 2012 AMID CORONAVIRUS FEARS

Wikimedia Commons On Friday, the average rate on the 30-year fixed mortgage hit 3.23%, down from 3.42% at the beginning of the week, according to Mortgage News Daily. That's the lowest rate since September 2012. Mortgage rates have been pushed lower by falling US Treasury yields as investors flee to quality amid coronavirus panic.  It's possible that mortgage rates could fall even further, according to Matt Graham, chief operating offi...

BusinessInsider (Date:02/28/2020 21:31) Read full article >>

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