Tag: NAR
Mortgage Rates Falling, but Lending Practices Restrict Homebuyers
Mortgage Rates Tumble Again It can’t get better than this. Rates for 30-year fixed mortgages hit a new low, making it even more appealing to consumers to invest in homes. The average rate for 30-year mortgages slipped to 3.83 percent, according to mortgage giant Freddie Mac. That’s a record low since the mortgage-finance company began…