The 30-year fixed-rate mortgage averaged 2.65% in the week ending January 7, down from 2.67% a week earlier and 3.64% a year before.
Freddie Mac chief economist Sam Khater said interest rates will likely rise slightly in 2021.
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The Rise of Digital Mortgages in Lending: How Tech Innovations are Reshaping the Market Explore the rise of digital mortgages and how technology innovations are transforming the lending market. Learn about AI, blockchain, and digital platforms reshaping the mortgage industry.
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Mortgage Rates Drop Even Lower to Start 2021, Hit Fresh Record
As the calendar turned on a new year, interest rates on mortgage loans fell once again to a new all-time low. So reports the Associated Press.
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