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Home shoppers can extend their buying power as rates for a 30-year fixed loan fell to 2.81%, the lowest rate since Freddie Mac began tracking. 

Washington’s best-selling new home community, Tehaleh, teams up with the best local homebuilder, Azure Northwest Homes, responding to consumer needs creating one-of-a-kind, affordable, single-family homes in an amenity-rich community with picture-perfect views of Mt. Rainier.

MarketWatch reports that mortgage rates have fallen with a 30-year fixed-rate mortgage averaging 3.13%. This is a new all-time low for the fourth time this year, and it is getting the interest of home shoppers.

The average 30-year fixed mortgage interest rates fell to 3.15% from 3.24% the previous week setting a new record low for the third time in the past three months.

Home-buyer demand has slightly improved as shoppers look at 30-year fixed-rate mortgage interest rates averaging 3.28%.

Spurred by drops in the stock market and fears of a spread of the Coronavirus, mortgage interest rates are now at 8-year lows.

Just as millennial's adoption of an “on-demand” or “sharing” economy has changed how we travel and work, the new home co-buying trend is shaping how they live.