Mortgage Rates Haven't Moved Much Over The Last Month
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Long-term mortgage rates have stayed in the same window over the last few weeks.
Freddie Mac reported 6.26% as the average on a 30-year mortgage on Thursday, up two points from last week.
“Mortgage rates have been shifting within a narrow ten-basis point range over the last month," said Sam Khater, Freddie Mac’s Chief Economist. "This rate stability is a positive sign for both buyers and sellers, as it helps provide greater certainty in the housing market."
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: mortgage rates
This article originally published at https://dc.urbanturf.com/articles/blog/mortgage_rates_havent_moved_much_over_the_last_month/24092.
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