Interest rates are falling

We have been expecting interest rates on home mortgages to rise but they have been falling since the “brexit” vote last week. On Monday, the 30-year fixed-rate mortgage averaged 3.46 percent, near the lowest average since late 2012, realtor.com® reports. In other good news the number of homes on the market in St. Paul is slowly rising giving buyers a few more choices but inventories are still at historic lows.

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Freddie Mac mortgage rates
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