General World News

Mortgage rates sit still in the first week of 2024

In the first week of 2024, mortgage rates continued to stick around the mid 6% mark.

The 30-year fixed-rate mortgage averaged 6.62% as of Jan. 4, a slight increase from the 6.61% rate recorded on Dec. 28, according to Freddie Mac‘s Primary Mortgage Market Survey released on Thursday. The 15-year fixed-rate mortgage averaged 5.89% this week, down from 5.93% the prior week. HousingWire’s Mortgage Rates Center showed Optimal Blue’s average 30-year fixed rate on conventional loans at 6.68% on Thursday, up from 6.56% recorded at the same time last details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com