15-year fixed-rate mortgage remains near all-time low

15-year fixed-rate mortgage remains near all-time low

This week’s mortgage rate bump-up seems to matter little as mortgage rates have stayed so low for so long. At 2.15%, the Freddie Mac 15-year fixed is just 5 basis points off last week’s all-time low.
Refinance activity is once again picking up steam.
“Homeowners continue to respond to lower rates, with refinance activity climbing to the highest level since February 2021,” said Joel Kan, Mortgage…

View On WordPress