Freddie Mac: Mortgage rates continue to rise, but remain below 2018 levels
Freddie Mac | April 18, 2019
Mortgage rates rose for the third consecutive week without regaining the level they were at before a late March plunge, but rates are still well below where they were a year ago. The average U.S. rate for a 30-year fixed mortgage is 4.17% this week, according to the latest Freddie Mac Primary Mortgage Market Survey. That’s up 5 basis points from last week’s 4.12%. On March 28, Freddie Mac announced mortgage rates had plunged by the most in over a decade.