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Bernadette Peters - Broadway's Best
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'Mortgage Rate Going Up'
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#beginquote# The 30-year fixed-rate mortgage averaged 3.45% for the week ending Jan. 13, up nearly a quarter of a percent from the previous week, Freddie Mac FMCC, -0.54% reported Thursda 1y. It’s the highest average rate for the 30-year loan since March 2020 when the coronavirus pandemic first began to send shockwaves through financial markets amid the first wave of lockdowns. Comparatively, a year ago, the 30-year fixed-rate mortgage averaged 2.23%, near record-low levels. #endquote#
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