30-Year Mortgage Rates Inch Up
✉️ Want to forward this article? Click here.

Long-term mortgage rates rose this week, but remained in familiar territory.
Freddie Mac reported that the 30-year rate averaged 6.30%, up from 6.23% last week, but well below the 6.76% recorded a year ago.
"As rates had modestly declined the last few weeks, purchase demand has accelerated with purchase applications rising to over 20 percent above a year ago," Freddie Mac chief economist Sam Khater said. "It is clear that purchase demand continues to hold up as prospective buyers react to both modestly lower rates and more inventory to choose from than the last few years."
For the first four months of the year, long-term mortgage rates have remained in the 6% to 6.5% window.
See other articles related to: mortgage rates
This article originally published at https://dc.urbanturf.com/articles/blog/30-year_mortgage_rates_inch_up/24579.
Most Popular... This Week • Last 30 Days • Ever

A look at the many reasons that prospective homebuyers seeing varying quotes for a 30... read »

A new bill would give builders a shelf of ready-made housing plans that the city has ... read »

A paperwork snag is holding up one of the larger for-sale housing projects in the wor... read »

The Trump-era remake of Washington; foreclosure looms over a downtown conversion; and... read »

Protest art goes arcade; Jemal picks up a Connecticut Avenue office building; and DC ... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro










