Mortgage rates continue to inch up

Econ & Housing

iStock.com/Andrii Yalanskyi MCLEAN, Va — Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged 5.54%. “The housing market remains sluggish as mortgage rates inch up for a second consecutive week,” said Sam Khater, Freddie Mac’s chief economist. “Consumer concerns about rising rates, inflation…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Products You May Like

Articles You May Like

In December, price for logs imported to European Union grows 7%
How many homes does England really need to build?
Dow jumps 348 points as US stocks jump amid fresh economic data
In December, price for lumber exported from Germany to U.S. decreases 9%
The week seven Top Three Rundown