25-07-2024 18:21 via foxbusiness.com

Mortgage rates increase slightly

Mortgage rates remained relatively unchanged from last week, with a slight movement higher. Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage increased to 6.78% this week from 6.77% last week. The average rate on a 30-year loan was 6.81% a year ago."Mortgage rates essentially remained flat from last week but have decreased nearly half a percent from their peak earlier this year," said Sam Khater,
Read more »