Mortgage Rates on Slow Upward Climb

By In Blog, Home Buyers/Sellers, Home Buyers/Sellers, Real Estate Blog, . . . On September 5, 2018

Mortgage rates for the 30-year fixed-rate mortgage ticked upward since the previous week—increasing by 0.5 and now at 4.52 percent, on average, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®). The average 15-year fixed-rate mortgage, meanwhile, decreased 0.5 points from last week, now at 3.97. And the average five-year, Treasury-indexed hybrid adjustable-rate mortgage (ARM) rose from 3.82 percent to 3.85 percent.

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