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% |
Show Prep Source: https://www.freddiemac.com/pmms/index.html?intcmp=CWS-HP
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