Fixed mortgage rates trended higher for the third consecutive week, according to reports from Freddie Mac and Bankrate.com.
According to Freddie Mac’s Primary Mortgage Market Survey, the
“Fixed-rates moved up for the third consecutive week, with the average 30-year fixed-rate mortgage about a quarter-percentage point higher than three weeks ago. While this may slow some of the refinance momentum, rates are nonetheless low and home-buyer affordability high, which should further aid home sales and construction in coming weeks,” See Rates ...
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