Monday, August 3, 2020

Mortgage Outlook: Recession Presses Down on August Rates

August mortgage rates forecast Mortgage rates are likely to set record lows in August for the third month in a row. The 30-year fixed-rate mortgage averaged 3.18% APR in July, a record low in NerdWallet’s mortgage rate survey. The average rate tumbled 15 basis points compared with June, which at the time had the record...



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