Mortgage rates surge past 3% for the first time since June If rates continue to tick up, that could help moderate surging prices, according to Sam Khater, chief economist at Freddie Mac. | realestate.boston.com. The post Mortgage rates surge past 3% for the first time since June appeared first on Boston.com Real Estate.
High Prices & Low Rates are Driving Mortgage Refinance Boom According to data complied by Statista, a combination of historically low mortgage rates and soaring home prices led to a surge in mortgage refinances in the U.S. In fact, the refinance boom became even more apparent in early ’21, as existing homeowners refinancing their debt
Long-term US mortgage rates have slipped (Sept. 16) The 30-year average sunk throughout 2020 and reached a record low of 2.65 percent at the beginning of this year. | realestate.boston.com The post Long-term US mortgage rates have slipped (Sept. 16) appeared first on Boston.com Real Estate.