That’s not only the same rate as the prior week—it also matches the average for a 30-year, fixed-rate mortgage during the week ending Aug. 12.
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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.
Estimated reading time: 0 minutes, 20 seconds
Mortgage Rates Won’t Budge, Wrap Steadiest Month of 2021
Mortgage rates finished their most stable month of the year as August came to a close. According to Freddie Mac, the 30-year, fixed-rate mortgage averaged 2.87% for the week ending Sept. 2. So reports Inman.
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