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U.S. mortgage rates hold steady

bizjournals Monday, 6 November 2017 ()
After jumping last week, U.S. mortgage rates held steady this week, according to Freddie Mac. The 30-year fixed mortgage averaged 3.94 percent for the week ending Nov. 2, the same as the previous week. A year ago, mortgage rates stood at 3.54 percent. Historically low mortgage rates have aided U.S. home sales and the refinance market. “Following a strong surge last week, rates held relatively flat this week,” said Sean Becketti, chief economist at Freddie Mac. “The 30-year mortgage rate…
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News video: 5 Reasons Why You're Getting That Interest Rate Today

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