Average mortgage at less than 4%
The average United States 30-year mortgage rate recently fell to 3.75%, dipping near historic lows, as reported by the Associated Press. The report notes that economic weakness around the world has lured global investors to the U.S.’s relatively strong economy. The low rate, along with the low 15-year mortgage rate, continues to be a good sign for people interested in dipping a toe into the market.