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Mortgage Rates Continue to Slide

March 22, 2019

Mortgage Rates Continue to Slide

Mortgage rates slid again this week by 5 basis points to their lowest level in 13 months, giving buyers and refinancers more time to save on new home loans. The good news on rates came as the Federal Reserve indicated there would be no more rate hikes in 2019.

The benchmark 30-year fixed-rate mortgage fell this week to 4.44 percent from 4.49 percent, according to Bankrate’s weekly survey of large lenders. A year ago, it was 4.58 percent. Four weeks ago, the rate was 4.52 percent. The 30-year fixed-rate average for this week is 0.66 percentage points below the 52-week high of 5.10 percent, and is identical to the 52-week low of 4.44 percent.

 

Whether you're purchasing your first home, investing, selling/buying a home, downsizing or relocating,we are committed to helping you achieve your real estate goals by providing you with quality information and outstanding service.

 

Michael Kogler, REALTOR
MIKE KOGLER TEAM: #1 Sales Team 2018
Long & Foster Real Estate, Inc., Delaware Coastal Properties Division
Cell: (302) 236-7648
Email: Michael.Kogler@LNF.com

www.MikeKogler.com