Mortgage Rates Decrease Slightly; Little Movement in Recent Weeks

A cooling labor market reported this week with unemployment rising slightly, while in line with expectations, did little to move mortgage rates, economists report.  The latest Primary Mortgage Market Survey® (PMMS®), released by Freddie Mac Thursday, shows the 30-year fixed-rate mortgage (FRM) averaging 6.21%, a slight decline of one basis point from last week’s rate…

The post Mortgage Rates Decrease Slightly; Little Movement in Recent Weeks appeared first on RISMedia.

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