As Federal Reserve policymakers meet this week amid a high likelihood they’ll keep benchmark interest rates unchanged, the recent downward movement in mortgage rates leveled off.

HousingWire‘s Mortgage Rates Center showed that the average 30-year conforming loan rate was at 7.01% on Tuesday. That figure was unchanged from the same time last week. The 15-year conforming rate, which has been volatile of late, averaged 6.79% on Tuesday, up 13 basis points from a week ago and the same rate as two weeks ago.

HousingWire Lead Analyst Logan Mohtashami noted that Tuesday’s Job Openings and Labor Turnover Survey (JOLTS) details ⇒

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