Experts say this might be the best spring to close on a house for some time...
The 30-year fixed-rate mortgage averaged 3.45% during the week ending Feb. 6, a decrease of six basis points from the previous week, Freddie Mac FMCC, +3.24% reported Thursday. This was the third consecutive week in which mortgage rates dropped.
Read more: The coronavirus outbreak is making it harder for some Chinese investors to buy U.S. real estate Could this be the last affordable spring home-buying market? That rising demand is expected to speed the start of the spring home-buying season, which is generally the most popular time of year to purchase a home for most of the country.
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