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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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.
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.