Ahead of the Thanksgiving holiday and a typically slow period for home sales, mortgage rates remain stable. According to Mortgage News Daily, 30-year fixed rates averaged 6.32% on Monday, down 6 basis points (bps) in the past week.
On Tuesday, HousingWire’s Mortgage Rates Center — which analyzes locked loans across all credit profiles — showed that rates for 30-year conforming loans averaged 6.37%. That was down 1 bps from a week ago.
Rates for 30-year loans through the Federal Housing Administration (FHA) averaged 6.15%, up 2 bps, while rates for 30-year jumbo loans also rose 2 bps to 6.20%.
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