Mortgage Rates Drop as Existing Home Prices Reach New Highs

07/22/2021

This morning, Freddie Mac reported the fourth straight weekly decrease in the average mortgage lending rate with the 30-year fixed dropping from 2.88% to 2.78% and the 15-year from 2.22% to 2.12%. The 30-year rate has now moved within 13 basis points of its all-time low, while the 15-year reached the lowest average in history. It may be time to refinance if you haven’t already.

Download the full article

Read more Economic Commentary

Learn More From HilltopSecurities

More Aggressive Virus Approach Could Weigh on Q1 GDP

2021 Q2 Economic Recap and Rate Outlook

Thank you for visiting the HilltopSecurities website.
For best viewing experience, we recommend using Chrome, Firefox, Safari, or Microsoft Edge.