Global Fears Spark Increase in Mortgage Rates

Freddie Mac’s latest Primary Mortgage Market Survey shows that the 30-year fixed rate mortgage rose to 3.56%.  Despite the increase, this is the first time the 30-year fixed rate mortgages have been under 3.6% for more than four-consecutive weeks since Q4 2016. “Pipeline purchase demand continues to improve heading into the late fall with purchase …

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Source: DS News

2019-09-12T09:20:44-06:00