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The unemployment rate is expected to remain at 4.9 percent. To calculate average mortgage rates, Freddie Mac surveys lenders across the country at the beginning of each week. The average doesn’t.
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Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
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It’s far below its level a year ago of 3.85 percent. The average rate on 15-year fixed-rate mortgages eased to 2.81 percent from 2.86 percent last week.
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