Mortgage Rates Jump Back Above 5%
Freddie Mac says rates recent volatility continues.
Freddie Mac says rates recent volatility continues.
The 30-year fixed-rate mortgage down 31 basis points from a week ago.
Freddie Mac’s weekly Primary Mortgage Market Survey shows fixed mortgage rates decreased as purchase demand continued to tumble.
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As of July 21, the 30-year, fixed-rate mortgage averaged 5.54% with an average 0.8 point.
June decreased to 0.81% from May's 0.85%.