Is it here? Mortgage Rates Generally Hold Steady | David Reed Mortgage Rates Generally Hold Steady – David Reed

August 29, 2019
Mortgage rates inched up slightly this week, closing the month with the 30-year fixed-rate mortgage rate averaging 3.6 percent – almost a full percent lower from the same time last year. Low mortgage rates along with a strong labor market are fueling the consumer-driven economy by boosting their purchasing power, which will certainly support housing market activity in the coming months.

Information provided by Freddie Mac.