Mortgage rates continued to seesaw this past week, with the average rate for a 30-year, fixed-rate mortgage dipping just below 3%, Freddie Mac’s Primary Mortgage Market Survey shows.
More specifically, the average rate for a 30-year was 2.95%, down from 3% last week and down from 3.15% a year ago.
“Mortgage rates are down below three percent, continuing to offer many homeowners the potential to refinance and increase their monthly cash flow,” says Sam