Arrow-right Camera

The Spokesman-Review Newspaper The Spokesman-Review

Wednesday, April 8, 2020  Spokane, Washington  Est. May 19, 1883
Clear Day 44° Clear
News >  Business

Mortgage rates dip following surge

Average U.S. rates on fixed mortgages fell this week after last week’s surge.

Freddie Mac said Wednesday that the average on the 30-year loan dropped to 4.29 percent. That’s down from 4.46 percent last week, the highest in two years and a full point more than a month ago.

The average on the 15-year mortgage fell to 3.39 percent, down from 3.50 percent last week – the highest since August 2011.

The average rate doesn’t include extra fees, known as points, which most borrowers must pay to get the lowest rates. One point equals 1 percent of the loan amount.

Associated Press

Subscribe to the Coronavirus newsletter

Get the day’s latest Coronavirus news delivered to your inbox by subscribing to our newsletter.


Asking the right questions of your CBD company

Bluegrass Hemp Oil in Spokane Valley offers a variety of products that can be very effective for helping with some health conditions. (Courtesy BHO)
Sponsored

If you are like most CBD (cannabidiol) curious consumers, you’ve heard CBD can help with many ailments.