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Mortgage rates continued to move higher this week
Freddie Mac has released its latest Primary Mortgage Market Survey, showing that average mortgage rates inched higher this week. The benchmark 30-year fixed-rate mortgage (FRM) now stands at 6.75%, marking a modest increase from 6.72% last week. Meanwhile, the 15-year FRM rose to 5.92%, up from 5.86%.
The typical monthly payment on a median-priced $440,950 home at today’s 6.75% mortgage rate is roughly $2,288. (That’s ...
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23hon MSN
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