Mortgage rates stagnate, hobbling affordability as spring buying season looms: Freddie Mac
Mortgage rates are not rising fast enough to alleviate affordability issues. (iStock) According to Freddie Mac, mortgage rates are stable in the mid-six range and show little sign of falling. The average interest rate on a 30-year fixed-rate mortgage for the week ending February 8 was 6.64%, according to Freddie Mac’s latest research. Primary mortgage […]