What the Lowest Mortgage Rates of All Time Mean for San Francisco Buyers & Homeowners

meredith-martin-san-francisco-real-estate-dropping-mortgage-rates

Mortgage rates have fallen to historic lows, thanks to uncertainties surrounding the economic impact of the coronovirus. The average 30-year fixed-rate mortgage hit a record 3.29% this week, which is the lowest ever in its nearly 50-year history. Here’s what that means for homebuyers and homeowners in San Francisco and across the country. By the Numbers If you bought a million dollar house in the city late last year, locking in your interest rate on December 5, 2019, you likely

Continue Reading

Site Footer