Mortgage rates fell below 3% for the first time ever this week, but it's not smooth sailing for homebuyers
The average 30-year fixed mortgage rate fell to 2.98%, the lowest-ever recorded percentage by Freddie Mac, dating back to 1971. It should be good news for homebuyers, but there are lots of mixed signals in the housing market. Various evidence shows millions are at risk of eviction or foreclosure, which has only been prevented by temporary moratoriums put in place […]
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