What's Hot: A 30-Unit Conversion Pitched Along K Street in Georgetown | DC Is Launching Rent Control Database
3.26%: Mortgage Rates Rise Slightly From Record Lows
✉️ Want to forward this article? Click here.
Long-term mortgage rates rose slightly this week after hitting a record low last week.
On Thursday, Freddie Mac reported 3.26 percent with an average 0.7 point as the average for a 30-year mortgage, up three basis points from the record lows of last week.
story continues below
loading...story continues above
“Mortgage rates stayed at or near record lows for the fifth straight week and homeowners are taking advantage with refinance activity remaining high,” Freddie Mac's Sam Khater said in a release. “Although purchase demand declined thirty-five percent year-over-year in mid-April, demand has improved modestly over the last three weeks.”
The UrbanTurf Mortgage Rate Disclaimer: The rates reported by Freddie Mac for 30-year mortgages are usually the best rates that the most qualified borrowers can get, so borrowers or those considering refinancing should not necessarily read this news and think that they can go out and get a loan with the quoted interest rate.
See other articles related to: interest rates, mortgage rates
This article originally published at https://dc.urbanturf.com/articles/blog/326-mortgage-rates-rise-slightly-from-record-lows/16810.
Most Popular... This Week • Last 30 Days • Ever

UrbanTurf catches up with what's in the works in terms of residential development alo... read »

Our guide for amateur landlords who don't really know what they're doing.... read »

The conversion will likely bring some very high-end residences to the neighborhood.... read »

Add another conversion to the growing list of developments in the works for Georgetow... read »

The RentRegistry will launch in June.... read »
- The 6 Big Projects In The Works For Columbia Pike
- The Essential Guide to Being an Amateur Landlord in DC
- A First Look At 135-Unit Office-To-Residential Conversion Planned At Georgetown's Flour Mill
- A 30-Unit Conversion Pitched Along K Street in Georgetown
- DC Is Finally Launching A Database Of Rent-Controlled Apartments
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