{"id":42997,"date":"2016-01-21T10:28:58","date_gmt":"2016-01-21T18:28:58","guid":{"rendered":"https:\/\/redfindevelop.wpengine.com\/blog\/?p=42997"},"modified":"2020-10-06T17:08:22","modified_gmt":"2020-10-07T00:08:22","slug":"mortgage-rates-down-they-go-again","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/mortgage-rates-down-they-go-again\/","title":{"rendered":"Mortgage Rates: Down They Go Again"},"content":{"rendered":"
Mortgage rates fell for the third week in a row, with the average 30-year, fixed-rate loan going for 3.81 percent, down from 3.92 percent last week.<\/figure>\n
That\u2019s the lowest they\u2019ve been since October, according to Freddie Mac<\/a>, which surveys lenders every week. And given all that’s going on in the world–stock market woes, falling oil prices, and economic unease in China–it\u2019s a decent bet home loans will get even cheaper, at least in the near term.<\/span><\/figure>\n
<\/figure>\n
\"mortgage
Source: Freddie Mac<\/figcaption><\/figure>\n

“The Freddie Mac mortgage rate survey had difficulty keeping up with market events this week,\u201d Freddie chief economist Sean Becketti said, as weak inflation and \u201cnonstop financial market turbulence\u201d drove investors to financial safe havens<\/a>.
\nFreddie\u2019s survey was all but done late by late yesterday, before spooked investors made a mad dash to buy U.S. Treasurys, a rally that pushed the yield on 10-year notes below 2 percent<\/a>. <\/span>
\nTranslation: Global unease made it cheaper for the U.S. government to borrow yesterday. When that happens, it usually gets cheaper for homeowners to borrow, too.<\/span>
\nWhat do you think? Leave a comment or drop an email anytime.<\/p>\n","protected":false},"excerpt":{"rendered":"

Given everything going on in the world, it\u2019s a decent bet mortgage rates will get even lower, at least in the near term.<\/p>\n","protected":false},"author":13355,"featured_media":42999,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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