Mortgage Rates Still Going Up

After exceeding 7% last week, the 30-year fixed-rate mortgage (FRM) continued to rise, this week averaging 7.17%, up from last week’s average of 7.10%, according to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday.  This week’s numbers:  The 30-year FRM averaged 7.17% as of April 25, 2024, up from last week…

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