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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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.
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.