Friday, 10 September 2021

Mortgage rates trending lower in July

Mortgage rates

Tim Lawless of CoreLogic produced more valuable analysis to show how mortgage rates were still trending lower through July.

The average mortgage rate fell by 3 basis points overall (and 1 basis point for new originations). 


Source: CoreLogic

Lawless pointed out that there are plenty of diverse products and trends out there at the moment, so it's probably not a bad idea to speak to a mortgage professional to make sure you're getting the best deal.