Mortgage rates fall to all-time low amid coronavirus concerns — here’s why you should think twice..

The Purge

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Aug 16, 2018
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......about waiting to refinance!

Mortgage rates in the United States have fallen to the lowest level ever on the heels of concerns stemming from the coronavirus outbreak.

The 30-year fixed-rate mortgage dropped to 3.29% during the week ending March 5, a major decrease of 16 basis points from the previous week, Freddie Mac FMCC, -2.40% reported Thursday.

Previously, the 30-year fixed-rate mortgage hit an all-time low back in November 2012 in the wake of the recession, when the average rate fell to 3.31%.

(Excerpt) Read more at marketwatch.com ...

Just received a letter from a mortgage company offering 3.063apr, 15yr fixed......sure looks tempting being I no longer have a mortgage and I still have the remnants of GOLD FEVER that made me well off in 1980.....PERHAPS IF I WAS 30 YEARS YOUNGER BUT LOOKING AT ALL THE OBITS. OF PEOPLE THAT ARE YOUNGER THAN I and claimed they were in excellent health only to pass 2 months later by something that JUST HAPPENED! Think I'll watch and if I can make it to 80, then complain about what I should have done!
 
I am refinancing some property. 2.65% fixed rate. It just doesn't get better than that!

And since it is a floating lock for the next couple days, it might go even lower. It started at 2.9 percent.
 

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