Mortgage Rate Falls to Lowest Level Since November!

by | Jan 30, 2014 | Real Estate News

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. 

Related:

30-year-mortgage rate falls to 4.32% – MarketWatch.

What’s Behind the Mortgage Rate Drop?

Consult with local Flagstaff mortgage lenders.

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