Mortgage rates move higher for second straight week but remain below 3%

Aug 20, 2020 |

Many factors influenced mortgage rates this week – the Federal Reserve minutes, U.S. Treasury auction and encouraging economic data in retail sales and home builder sentiment. But nothing had more of an impact than last week’s decision by the Federal Housing Finance Agency, at least according to mortgage lenders. The 30-year fixed-rate average moved higher […more]

Posted in: San Francisco

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