Mortgage buyer
The average rate on 15-year fixed-rate loans, popular among homeowners seeking to refinance their mortgages, declined to 2.21% from 2.23%.
The damage from the coronavirus pandemic on the
Long-term bond yields, which can influence interest rates on mortgages and other consumer loans, have climbed recently amid expectations of higher
Economists forecast modest increases in mortgage rates this year. But they likely will remain relatively low as the
While the rise in mortgage rates is unlikely to derail the bustling housing market, it could make it tougher for would-be homebuyers.
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