According to Freddie Mac, the 30-year mortgage averaged 2.86% in the week ending September 16, down two basis points from last week and only one basis point from a year ago.
The 15-year rate averaged 2.12%, falling 7 basis points from last week.
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Mortgage Industry Adapts to Rising Interest Rates The U.S. mortgage industry is adapting to rising interest rates, transforming lending strategies, and borrower behaviors. This article explores the implications for lenders and borrowers, offering insights into new trends and strategies.
Estimated reading time: 0 minutes, 22 seconds
Mortgage Rates Slip Amid Delta Variant Anxiety
Long-term mortgage rates have posted a weekly average decline, as financial markets grapple with a fresh bout of delta variant COVID cases. So reports the Associated Press.
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