US long-term mortgage rates fall; 30-year average at 3.82%

KASA Real Estate Team Mortgage Rates Leave a Comment

U.S. long-term mortgage rates fell for the sixth consecutive week, with the key 30-year loan average running below 4% and at its lowest point since September 2017. The declining rates have been a boon to potential purchasers in the spring home buying season, and the number of homeowners seizing the opportunity to refinance mortgages jumped this week. Mortgage buyer Freddie …