Tag Archives: fixed-rate mortgage (FRM)

Freddie Mac reports mortgage rates dipping again below the 3% mark, as the trend of inconsistency continues to rock the housing market.

With the sudden downward trend in mortgage rates, evidence of increased applications is a bright spot as refinance opportunities emerge again, and house hunters plot their spring strategy.

Freddie Mac reports that rates hit their highest mark since last July, yet at slightly above 3.0%, it sets the stage for a solid spring buyer's market.