Long-term U.S. mortgage rates were mixed this week, continuing to hover near all-time lows. Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark 30-year home loan edged up to 3.26% from 3.23% last week, which was the lowest level since Freddie started tracking rates in 1971. Consumer confidence in housing was pushed in April to its lowest level since November 2011 as the economy and housing market reeled from the shutdown spurred by the coronavirus pandemic, the other large mortgage buyer, Fannie Mae, said Thursday. …read more
Source:: Yahoo Finance
