Morning Minute: Mortgage rates remain steady and largely unchanged, Freddie Mac says

Image: Bigstock

Image: Bigstock

Fixed mortgage rates were unchanged this week, with the 30-year, fixed-rate averaging 3.42 percent and a 15-year, fixed-rate mortgage averaging 2.72 percent, Freddie Mac reported this morning in a news release.

“Over the past two weeks, mortgage rates have remained fairly flat while Treasury yields have fallen and risen. This Friday’s jobs report will provide clarity on whether or not mortgage rates follow the recent upward trend in Treasury yields,” said Sean Becketti, chief economist for Freddie Mac.

In other headlines:

Illinois properties find interest on Chinese listing portal – Chicago Agent

4 Secrets to Selling a Home for Over Asking Price – realtor.com

What Happens to Real Estate When the Fed Raises Rates? – The Street

 

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