30-Year Mortgage Rate, for the 12th Time This Year, Falls to Record Low

Washington Post, Nov. 5, 2020–Michele Lerner
The average for a 30-year fixed-rate mortgage dropped to 2.78 percent from 2.81 percent with an average 0.7 point. The 2.78 percent average rate is well below the 3.69 percent level a year ago and was the lowest point since the quasi-government agency began conducting the survey in 1971. (MBA mention)