Mortgage rates decline this week
Housing Wire
OCTOBER 1, 2020
The average U.S. mortgage rate for a 30-year fixed loan is 2.88% this week, falling from last week’s 2.9% , Freddie Mac said in a report on Thursday. The rate is now two basis points from an all-time low set three weeks ago. The average fixed rate for a 15-year mortgage was 2.36%, falling from last week’s 2.4% to a level that’s one basis point away from the record 2.35% set two weeks ago, the mortgage giant said.
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