Mortgage interest rates dropped this week with a 30-year, fixed rate mortgage averaging 4.23 percent and a 15-year, fixed rate mortgage averaging 3.44 percent, Freddie Mac reports today. The decline came after two consecutive weeks of rate increases and could signal some consumer uncertainty, according to Freddie Mac.
But the lower rates could be appealing to prospective home buyers who are starting to think about the spring housing market.
In other headlines:
Market a Home When the Garden Is Fullest – National Association of REALTORS®
New home sales surge, beat expectations in February – HousingWire