US Mortgage Rates Edge Higher in the Week Ending December 11

On Thursday, Freddie Mac released its Primary Mortgage Market Survey for the week ending Thursday, December 11.

The 30-year fixed-rate mortgage averaged 6.22%, up from 6.19% the previous week. A year ago at this time, the 30-year rate averaged 6.60%.

The 15-year fixed-rate mortgage averaged 5.54%, up from 5.44% last week. A year ago at this time, the 15-year rate averaged 5.84%.

Commenting on this week’s survey, Freddie Mac Chief Economist Sam Khater said:

“The average 30-year fixed-rate mortgage is well below the year-to-date average of 6.62%, providing some sense of balance to the housing market.”


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