Pre-Election Mortgage Rates Stir

Mortgage rates stirred higher ahead of the election this week, with the 30-year fixed-rate averaging 3.57 percent, up from 3.54 percent the week prior, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®). The 30-year fixed-rate mortgage had an average 0.5 point.
“This week’s survey reflects pre-election market conditions,” says Sean Becketti, chief economist at Freddie Mac. “As a result, the 30-year mortgage rate increas