Home Mortgage

Mortgage rates dip below 3%

The rate for a 30-year fixed-rate mortgage dropped below 3% again to an average of 2.98% according to the latest data from Freddie Mac

Homes sell at record pace, sellers get asking price

The need for a larger home and desire to move closer to friends and family during the COVID-19 pandemic coupled with low inventory and mortgage interest rates has spurred a record pace for home sales over the last year, a new survey by the National Association of Realtors reveals.