Steady, Near 6% Rates Bring ‘Improving Momentum’ in Buyer Demand

With little change in the average mortgage rate expected over the coming weeks, home shoppers are seeing some positive signs as the market moves toward the traditional busy buying season.  The latest Primary Mortgage Market Survey® (PMMS®), released by Freddie Mac Thursday, shows the 30-year fixed-rate mortgage (FRM) averaging 6.16%, a one-basis-point increase from last…

The post Steady, Near 6% Rates Bring ‘Improving Momentum’ in Buyer Demand appeared first on RISMedia.

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