Freddie Mac’s Primary Mortgage Market Survey shows mortgage rates remained mostly unchanged the past two weeks.

The 30-year fixed rate loan has been hovering at 3.75%.

Rates have moderated, remaining consistent at nearly three-year lows. That’s good news for buyers looking to purchase a home this Summer.

Some burning questions:

– What does this say for the U.S. Economic situation right now?
– What has been the tone of the Federal Reserve lately?
– Have you seen a rise in Home Buyer demand in the recent two-month period?

U.S. weekly averages as of 07/11/2019

30-Yr FRM 15-Yr FRM 5/1-Yr ARM
3.75% 3.22% 3.46%

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