The Federal Reserve is set to wrap up what’s expected to be an uneventful two-day meeting on Wednesday. Mortgage rates remain in the low-6% range and aren’t likely to swing one way or the other as policymakers should keep benchmark rates unchanged.

Mortgage News Daily reported Monday that 30-year fixed rates averaged 6.17%, down 4 basis points in the past week. On Tuesday, HousingWire’s Mortgage Rates Center, which tracks locked loans across all borrower credit profiles, showed that 30-year conforming loan rates added 5 bps during the week, averaging 6.25%.

HousingWire’s data also showed that rates for 30-year loans through details ⇒

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