The average 30-year fixed mortgage rate rose to 6.51% this week from 6.36%, according to Freddie Mac. The 15 basis point increase is a mild headwind for housing affordability and mortgage demand, though the move is routine rather than market-disruptive.
The average 30-year fixed mortgage rate rose to 6.51% this week from 6.36%, according to Freddie Mac. The 15 basis point increase is a mild headwind for housing affordability and mortgage demand, though the move is routine rather than market-disruptive.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
