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Mortgage Rates Dip. Home Values Rise.

The 30-year fixed-rate mortgage averaged 2.98% this week, according to Freddie Mac, due to a recent bond rally. This comes in spite of a re-acceleration of economic growth, so it’s unlikely to remain this low for long. For the week ending November 10, 2021:...

Mortage Rates Ease a Little

In the news…Freddie Mac’s weekly survey shows that the average interest on a 30-year fixed mortgage was 5 percent for the week ended Feb. 17, down from 5.05 percent the previous week. Rates on 15-year fixed loans averaged 4.27 percent, meanwhile, a decline...