

Lowest Mortgage Rates in 9 Months
January Mortgage Rates & Updates Despite the partial government shutdown, the IRS had been processing lender requests to verify mortgage applicants’ incomes all month. The national average 30-year fixed mortgage rate dropped significantly in Freddie Mac’s Primary Mortgage Market Survey. According to Freddie Mac’s chief economist, “Mortgage rates fell to their lowest level in nine months.” He also noted, “combined with continued income growth and lower energy prices… should