A 30-year fixed-rate mortgage rose to 7.08% this week from 6.94% a week ago, Freddie Mac reported. A year ago, the average mortgage carried a 3.14% rate.
The post Mortgage rates top 7% for first time since 2002 appeared first on Atlanta Agent Magazine.
Category: Sam Khater
Mortgage rates fall below 5% — for the first time since April
The 30-year fixed-rate mortgage averaged 4.99% as of Aug. 4: down 0.8% from last week. The news marks the first time since April that mortgage rates have dipped below 5%.
The post Mortgage rates fall below 5% — for the first time since April appeared first on Atlanta Agent Magazine.
Mortgage rates remain flat at 2.88%
“The net result for housing is that these low and stable rates allow consumers more time to find the homes they are looking to purchase,” Freddie Mac Chief Economist Sam Khater said.
The post Mortgage rates remain flat at 2.88% appeared first on Atlanta Agent Magazine.