Mortgage Rates this week Mostly Hold Steady
Mortgage rates mostly remained unchanged this week, continuing a monthlong track of keeping at their historical lows, Freddie Mac reports in its weekly mortgage market survey.
'Mortgage rates have been relatively stable, hovering near record lows, for the past four weeks, which is helping to spur new home construction,” says Frank Nothaft, Freddie Mac’s chief economist.
Here’s a closer look at national averages for mortgage rates for the week ending Feb. 21, according to Freddie Mac:
Fannie Mae economists projections for this year:
Source: Freddie Mac, “Fannie Mae: Housing Is 'on a Sustained Growth Path',” Inman News (Feb. 21, 2013)
Blog Archive2014-04-23 14:52:40
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