Mortgage rates drop again

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Mortgage rates dropped again this week, as bond markets continued to reflect the slowing global economy and growing fear of a recession.

Mortgage rates

It seems scarcely believable that 9 months ago the 30 year Fixed Rate Mortgage (FRM) was almost 5% with widespread forecasts that it would rise further in 2019.

Andrew Oliver
Market Analyst | Team Harborside | teamharborside.com
REALTOR®

Sagan Harborside Sotheby’s International Realty
One Essex Street | Marblehead, MA 01945
m 617.834.8205
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