Spring home buyers could get an even better deal on mortgage financing as interest rates continue to their recent decline. Freddie Mac reports that 30-year, fixed mortgage rates averaged 4.21 percent this week, the lowest rates have been this year. Rates for 15-year, fixed also fell to 3.32 percent. Read more from Freddie Mac.
In other headlines:
Mortgage Delinquencies Drop by Double Digits – Daily Real Estate News
Investors slow Chicago-area home purchases – Chicago Tribune
All-Cash Sales Up While Distressed Sales and Investors Decline – NAR