Tag Archives: Mortgage Rates End Six-Week Streak of Record Lows

After six consecutive weeks of reaching all-time record lows, fixed-rate mortgages reversed course this week, starting to inch upwards, Freddie Mac reports in its weekly mortgage market survey. Despite the slight uptick in fixed-rate mortgages this week, however, rates “remain near historic lows helping to keep home buyer affordability high, and providing a strong incentive for those looking to refinance,” according to Freddie Mac. Here’s a closer look at rates for the week ending June 14: 30-year fixed-rate mortgages: averaged 3.71 percent, with an average 0.7 point, up from last […]