Mortgage Rates Hold Steady Again, But for How Long?

After rebounding somewhat to start the year, mortgage rates have settled into a narrow range in the past few weeks, raising uncertainty about whether they could go even lower. So reports MarketWatch.

According to Freddie Mac, the average on a 30-year fixed-rate mortgage for the week ending February 11 was 2.73%, the same level as in the prior two weeks.

Zillow economist Matthew Speakman cited the offsetting influences of uninspiring jobs data and a mild inflation report.

Read the full article from MarketWatch.

Source: themortgageleader.com