Getty Images

Mortgage Rates Have Now Fallen To A Three-Year Low

Jeff Katz
June 28, 2019 - 6:51 pm

Thinking of buying a home? Well, according to housingwire.com, the average rates for a 30-year mortgage have now fallen to a three-year low. 

The 30-year fixed-rate mortgage was 3.73% on June 27, which was down from 3.84% from last week. It's also significantly lower than the 4.55% average in 2018. 

The 15-year fixed-rate mortgage averaged 3.16% this week, also dropping from last week’s 3.25%. This time last year, the 15-year fixed-rate mortgage came in at 4.04%.