Will Fed rate hikes trigger a recession in 2018?
What’s up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take.
Rate news summary
From Freddie Mac’s weekly survey: The 30-year fixed rate averaged 3.90 percent, improving 1 basis point from last week’s 3.91 percent. Ditto for the 15-year fixed that averaged 3.17 percent, one basis point better than last week’s 3.16 percent. Thirty-year fixed rates have hovered at or below 4 percent for the past 10 weeks.
The Mortgage Bankers Associatio
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