According to the FHLMC (Freddie Mac), the average 30-year mortgage interest rate dropped to 4.06%, the biggest 1-week decline in 10 years, and down from 4.94% in November 2018. That rates are approaching 4% is an amazing turnaround from expectations a few months ago.
Two out of three people say now is a good time to buy a home according to a survey by the National Association of Realtors conducted during the first quarter of 2019.
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