Since Fed’s Taper Talk: Fixed-rate mortgages held mostly steady this week, with the 30-year fixed-rate mortgage staying below its recent high of 4.51 percent set in mid-July, Freddie Mac reports in its weekly mortgage market survey.
Mortgage rates have been on their way up since early May — spiking more than a full percentage point increase — after the Federal Reserve announced that it would be ending its bond-buying program soon. The Fed’s program has helped to keep mortgage rates near record lows the past year.
Freddie Mac reports the following national averages on mortgage rates
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