The 30-year fixed-rate mortgage averaged 2.65% in the week ending January 7, down from 2.67% a week earlier and 3.64% a year before.
Freddie Mac chief economist Sam Khater said interest rates will likely rise slightly in 2021.
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MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.
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Mortgage Rates Drop Even Lower to Start 2021, Hit Fresh Record
As the calendar turned on a new year, interest rates on mortgage loans fell once again to a new all-time low. So reports the Associated Press.
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