What's Hot: The Georgetown Wall is Still For Sale | HPO Recommends Approval For Office-to-Residential Conversion in Dupont
3.6%: Mortgage Rates Inch Up This Week
Long-term mortgage rates rose ever so slightly this week, but remain quite low by historical standards.
On Thursday, Freddie Mac reported 3.58 percent with an average 0.5 point as the average for a 30-year mortgage, up three basis points from last week. Long-term rates still remain at their lowest level in almost three years.
story continues below
loading...story continues above
“Low mortgage rates along with a strong labor market are fueling the consumer-driven economy by boosting their purchasing power, which will certainly support housing market activity in the coming months," Freddie Mac's Sam Khater said in a release.
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/36-mortgage-rates-inch-up-this-week/15815.
Most Popular... This Week • Last 30 Days • Ever

The listing will hit the market on Wednesday, according to the Washington Business Jo... read »

Here are some precautions to take before buying real estate with a buddy.... read »

The concept for the residential conversion of a prominently sited building in Dupont ... read »

About a month ago, UrbanTurf examined how condo and co-op prices were driving home pr... read »

Even though flipping is not as prevalent in the city as it used to be, there are sti... read »
- Inside Bradley Beal's $10 Million Bethesda Home
- Buying with Friends: What You Should Know
- HPO Recommends Approval For 157-Unit Office-to-Residential Conversion Proposed in Dupont Circle
- More Down Than Up: A Look at Detached Home Prices Around DC
- Home Flipping Drops in DC, But Three Zip Codes Are Still Seeing Profits
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