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.
-
Navigating the Unchartered Waters: Rising Interest Rates in Mortgage Lending Explore how rising interest rates are affecting mortgage lending and homebuyer affordability in the current market.
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.
MOST READ STORIES
Fast,Easy & Free
