PHOENIX (AZFamily) — If you’re looking to buy a home or refinance, mortgage rates are dropping to their lowest levels in nearly a year.
Right now, a 30-year fixed rate is 6.35%, according to Freddie Mac, but is there a chance rates drop below 6% in the coming months?
“I hope it’s the end of the year. I think most economists are predicting by maybe second quarter next year,” Matt Baker with Guild Mortgage said…