Freddie Mac: Another Week of Higher Mortgage Rates

Mortgage rates have once again moved higher as the weeks pass since the election, with the average 30-year fixed-rate mortgage now at 4.08 percent, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®). The 30-year fixed-rate is up from 4.03 percent last week—the first time rates exceeded 4 percent this year.
“The 10-year Treasury yield remained flat despite an upward revision to third quarter GDP,” says Sean Becketti, chief economis