The 30-year fixed-rate mortgage averaged 6.15% as of Jan. 19, according to data released by Freddie Mac FMCC on Thursday.The 30-year fixed-rate mortgage averaged 6.15% as of Jan. 19, according to data released by Freddie Mac FMCC on Thursday.
What are they saying? “As inflation continues to moderate, mortgage rates declined again this week,” Sam Khater, chief economist at Freddie Mac, said in a statement.
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The resiliency of the American economy is based on the laws of Supply and Demand. Product flow is integral to an active market system.