Fixed mortgage rates hold steady as political, economic concerns fester

Mortgage rates for the week ending Aug. 14, changed very little from the previous week, according to Freddie Mac’s Primary Mortgage Market Survey. The 30-year, fixed-rate mortgage came in at 4.

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Fixed-mortgage rates held steady this week, with the averages on both 30- and 15-year loans unchanged following lackluster news on the employment front. The average interest rate on 30-year fixed-rate mortgages remained at 4.57 percent today’s weekly Freddie Mac rate survey, while 15-year loans remained at 3.59 percent.

The average 30-year fixed rate rose to 6.92 percent from 6.91 percent last week. Mortage Rates Hold Steady.. Low mortgage rates have been credited with pushing up home-buying and producing.

The 30-year, fixed-rate mortgage came in at 4.23%, up from 4.22% a week earlier, and a significant rise from 3.39% last year, Freddie Mac said in its Primary Mortgage Market Survey.

The data below the rate table are indicative of mortgage rates inching upward. But they could also hold steady. MORE: Check Today’s Rates from top lenders (march 26, 2019)

Economic data released last week included the FED’s referred core pce price index figures for April, which saw the annual rate of core inflation hold at 1.8%, easing concerns of a more.