How the Mortgage Rate Drop Will Affect the Housing Market

Mortgage interest rates are at the lowest they have been in over a year. As of the first half of September 2019, the weekly average 30-year Fixed Mortgage Rate (FMR) is 3.56%, the lowest since September 2017.
Mortgage rates are currently holding stable and today’s infographic highlights what it means for home buyers.

Brought to you by: Socalvahomes.org

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