Mortgage interest rates remain well below 3%, with Freddie Mac’s latest 30-year fixed-rate mortgage average coming in at 2.84%. While that’s an increase from a week ago, it’s still far below the 3.75% we saw last year at this time. Freddie Mac’s Chief Economist Sam Khater notes that rates increased …
Read More »Fed plays waiting game, rates hold low and steady
Reading Time: 3 minutes An odd end to the week as the stock market dropped and analysts don’t seem to understand exactly why. The Dow Jones dropped 150 points midday Thursday before rebounding slightly, and the benchmark 10-year Treasury note yield dipped to 1.486% in early trading Friday morning. The …
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