Mortgage Rates Show Little Movement

by Joanna Stawarz

 
 
 
Mortgage Rates Show Little Movement
January 30, 2024 
 

''The 30-year fixed-rate has hovered between 6% and 7% for most of the last two and a half years. That trend continued this week, with the average rate remaining essentially flat at 6.95%. Driven by these higher rates and a persistent supply shortage, affordability hurdles still exist for many homebuyers and a significant number of them remain on the sidelines.''

Source:FreddieMac

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