The average rate for a 30-year fixed-rate mortgage fell to 4.32% in the week that ended Jan. 30, hitting the lowest level since late November; down from 4.39% in the prior week, according to a Thursday report from federally-controlled mortgage buyer. The rate fell as other recent housing-market data signaled softening sales and prices. The average rate for the 15-year fixed-rate mortgage fell to 3.40% in the latest week from 3.44% in the prior week.
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30-year-mortgage rate falls to 4.32% – MarketWatch.
What’s Behind the Mortgage Rate Drop?
Consult with local Flagstaff mortgage lenders.