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Mortgage Rates Slip Amid Delta Variant Anxiety

Long-term mortgage rates have posted a weekly average decline, as financial markets grapple with a fresh bout of delta variant COVID cases. So reports the Associated Press.

coronavirus 4942077 640 small 280x280According to Freddie Mac, the 30-year mortgage averaged 2.86% in the week ending September 16, down two basis points from last week and only one basis point from a year ago.

The 15-year rate averaged 2.12%, falling 7 basis points from last week.

Read the full article from Associated Press.

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