Mortgage Rates Friday, July 21: Low Rates Keep Mortgage Payments Affordable

Mortgage rates for 30-year fixed-rate loans fell by two basis points, 15-year fixed-rate loans dropped by three, and 5/1 ARMs held steady, according to NerdWallet’s survey of daily mortgage rates published by national lenders Friday morning. It’s because of these low rates that housing is still considered affordable, according to the July Insight report from Freddie Mac released earlier this…

from NerdWallet


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