Mortgage Rates Pull Back a Bit After 5 Straight Increases

The 30-year fixed-rate mortgage (FRM) averaged 6.60%, a pullback from last week’s fifth-straight week of increases to 673%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers 30-year fixed-rate mortgage averaged 6.60% as of March 16, 2023, down from last week when it averaged 6.73%. A year… The post Mortgage Rates Pull Back a Bit After 5 Straight Increases appeared first on RISMedia.

Mortgage Rates Pull Back a Bit After 5 Straight Increases

The 30-year fixed-rate mortgage (FRM) averaged 6.60%, a pullback from last week’s fifth-straight week of increases to 673%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers 30-year fixed-rate mortgage averaged 6.60% as of March 16, 2023, down from last week when it averaged 6.73%. A year…

The post Mortgage Rates Pull Back a Bit After 5 Straight Increases appeared first on RISMedia.

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