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Mortgage Rates Drop

Kristi Foxgrover

Your Home Buying Power Increases with Interest Rate Drop

 

Your Home Buying Power Increases With Interest Rate Drop


Per Freddie Mac, on March 5, 2020, the weekly average 30-year interest rate was 3.29%, hitting a new all-time low. In November 2018, the rate hit 4.94%. In 2007, the average was 6.3%.

 
 
 

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