Exploring recent trends in digital originations for mortgage lenders, highlighting the role of fintech and AI in reshaping the lending process.
Estimated reading time: 0 minutes, 17 seconds
That’s down from 4.51% a year ago. So reports the Associated Press.
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Average rates on 15-year mortgages edged slipped four basis points to 3.03%, Freddie Mac said. That’s down from 3.98% a year ago.
Low rates have benefited homebuyers amid turmoil in global financial markets over worries about the world economy.
