U.S. Mortgage Rates Starting to Rise in July

Freddie Mac | July 22, 2019

Based on Freddie Macs latest Primary Mortgage Market Survey, after three weeks of holding fairly steady, the average U.S. mortgage rate ticked up in mid-July, 2019. Sam Khater, Freddie Macs chief economist, says, "Mortgage rates moved higher after remaining at around the same level for about three weeks. The rise in rates was driven by continued improvement in consumer spending and partly due to optimism around a forthcoming cut in short term interest rates, which should provide support for business and investor sentiment."

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Spotlight

Our experts at Sixense digital design and deploy digital solutions that enhance infrastructure and their life cycle.

The solutions accelerate innovation and digital transformation to drive quality, guarantee safety, optimise and control the complexity of operations.

The enhancement of your data is the basis for the optimisation and management of your infrastructure. It also gives you access to the benefits of predictive analysis.

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