According 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.
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MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.
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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.
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