Mortgage rates have inched upward. If the trend continues, it could make affordability even more of a roadblock to would-be buyers.
The 15-year fixed-rate mortgage remained unchanged from the previous week at an average of 3.15%, according to Freddie Mac. The 5/1 adjustable-rate mortgage averaged 3.43%, rising four basis points from a week ago.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: