house with dollar sign inside and crossed arrows around percent sign - Home Prices down Interest Rates up - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties 602-999-0952

Fixed Mortgage Rates Remain Stable… but for how long?

Fixed mortgage rates remained steady, aiding homebuyer affordability amid a tight supply of for-sale homes in many markets, according to the recently released Freddie Mac Primary Mortgage Market Survey® (PMMS®). Survey results show the 30-year fixed-rate mortgage (FRM) averaged 3.62 percent with an average 0.6 point for the week, down slightly from last week when it averaged… Read More