Mortgage Rates Again Average Higher

Mortgage rates again averaged higher this week in wait of the Federal Reserve’s decision on the key interest rate, with the 30-year fixed mortgage rate rising nine points to 4.30 percent, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®). The new average exceeds the year-to-date high hit the previous week.
The 15-year fixed mortgage rate, meanwhile, averaged 3.50 percent, and the 5-year Treasury-indexed hybrid adjustable mortgage rate averag