Katie Moore Team Blog

Mortgage rates remain low amid 'struggling economy'

The average 30-year mortgage stayed flat from last week at 2.79% — near historic lows
Posted by Katie Moore on February 05, 2021 in  Home Mortgage  Interest Rates  Mortgage  Wilmington Real Estate  Wilmington Realtor
It may be a new year and a new presidential administration, but mortgage rates are continuing to hover near all-time lows. The average 30-year fixed-rate mortgage remained unchanged this week at 2.73 percent, signifying “an economy that continues to struggle,” Freddie Mac Chief Economist Sam Khater said in a statement. “This rate environment is advantageous for those who are looking to refinance in order to strengthen their financial position,” Khater added. “While ma... read more

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