Mortgage rates pause ahead of next week’s Federal Reserve meeting

Jul 21, 2022 |

After several weeks of volatility, mortgage rates settled in ahead of next week’s Federal Reserve meeting. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average ticked up to 5.54% with an average 0.8 point. (A point is a fee paid to a lender equal to 1% of the loan amount. […more]

Posted in: San Francisco

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