Rates are flat and low

Here is the weekly chart from FreddieMac mortgage rate survey. Not only is it a good time to buy a house it is also a great time to refinance. It is best to refinance before a job change or layoff. . . which is why I mention it today. A few months ago I had predicted that mortgage rates would not go below 3%. I am happy to be wrong about that.

Rates have remained stable for the last several months.

 

Primary Mortgage Market Survey
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