First-time home buyers get a break with lower mortgage rates – We’re certainly seeing a volatile year for rates. What they didn’t see coming: Mortgage rates tumbled in March, the biggest one-week fall in a decade. average 30-year rate near 4%. The rate drop.
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Mortgage Rates Fall to 9 month Lows – Freddie Mac. No one knows how long this good fortune can last.. fixed and 5-year ARM loans are now in the 3s according to Freddie Mac.. at today's dropping 30-year rate will find short-term rates even more enticing.. Average rates are only that – an average.