U.S. 30-year mortgage rates fall to record low this week


  • World
  • Friday, 11 Sep 2020

WASHINGTON, Sept. 10 (Xinhua) -- Average rates for 30-year mortgages in the United States fell to a record low this week, U.S. mortgage finance firm Freddie Mac said on Thursday.

The 30-year fixed-rate mortgage averaged 2.86 percent for the week ending Sept. 10, down from last week when it averaged 2.93 percent, according to Freddie Mac. That was the lowest level in the firm's survey history dating back to 1971.

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