The average U.S. fixed rate for a 30-year mortgage rose to 3.36% this week, reversing course from last week’s all-time low of 3.29%. Although the rate is 7 basis points above the previous week’s level, it’s almost a percentage point below the 4.31% of the same week a year ago, according to Freddie Mac. Mortgage applications soared 55% […more]
Posted in: San Francisco
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