Mortgage Rates Inch Higher on Mixed Economic Data
Mortgage rates ticked higher this week after approaching all-time lows, mortgage financier Freddie Mac said today.
The benchmark 30-year fixed mortgage increased three basis points to 5.07 percent during the week ending February 26, but still sits far below its year ago average of 6.24 percent.
“Mortgage rates were little changed this week amid mixed data reports of a slowing economy,” said Freddie Read more