paramountmort's profile picture. Owner, Paramount Mortgage Company NMLS #1146508

Evelyn R. Miller

@paramountmort

Owner, Paramount Mortgage Company NMLS #1146508

Today’s 30-year mortgage rates are still below average from a historical perspective per Freddie Mac. Between April 1971 and June 2022, 30-year mortgage rates averaged 7.77 percent. So with the 30-year FRM near 6%, rates are still relatively low compared to historical rates.

paramountmort's tweet image. Today’s 30-year mortgage rates are still below average from a historical perspective per Freddie Mac.

Between April 1971 and June 2022, 30-year mortgage rates averaged 7.77 percent. So with the 30-year FRM near 6%, rates are still relatively low compared to historical rates.

Considering housing starts, Wednesday’s builder confidence index and mortgage rates over 6%, it’s time to raise the fifth recession red flag. housingwire.com/articles/housi…



Nominate your favorite local businesses for the 2020 Readers' Choice Awards, now through Feb. 7 consumers.secondstreetapp.com/og/94c12d87-e9…


Fed cuts rates for third consecutive time, no promise on a fourth cut: aol.it/2WqryS9 via @AOL


Federal Reserve President says more rate cuts may be needed mpamag.com/business-news/…


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