Average mortgage rates in the United States are almost low. 2.93% in 30 years | News – Pennsylvanianewstoday.com

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Washington (AP) — This week’s mortgage rates have fallen mostly as signs of recovery from the pandemic recession continue and the recent surge in inflation was seen by federal policymakers as temporary. ..

Mortgage buyer Freddie Mac reported Thursday that the average for major 30-year mortgages fell from 2.96 percent last week to 2.93 percent. In contrast, a year ago the percentage was 3.13 percent.

Interest rates on 15-year loans, which are popular for refinancing mortgages, rose from 2.23 percent last week to 2.24 percent.

In the latest economic news, the government reported Thursday that the number of Americans seeking unemployment benefits increased to 412,000 for the first time since April.

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Average mortgage rates in the United States are almost low. 2.93% in 30 years | News

Source link Average mortgage rates in the United States are almost low. 2.93% in 30 years | News