Mortgage rates continued to trend higher this week following last week’s release of the June employment report.
According to Freddie Mac’s Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 4.51 percent (0.8 point) for the week ending July 11, up from 4.29 percent last week and almost a full percentage point higher than the same week last year (3.56 percent).
The 15-year FRM averaged 3.53 percent (0.8 point), up from 3.39 percent previously. Tax Reform CFA: Do No Harm
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