According to Freddie Mac, the 30-year fixed-rate mortgage averaged 3.26% during the week ending May 7, up from an all-time low of 3.23%.
The 15-year fixed-rate mortgage averaged 2.73%, down from 2.77% the prior week.
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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, 19 seconds
Mortgage Rates Hover Near All-Time Lows
Long-term U.S. mortgage rates inched in different directions last week but stayed near the record lows set a week earlier. So reports the Associated Press.
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