Why are mortgage rates going up? Biden, vaccines, and interest rates
Mortgage rates moved up last week, and it looks like they’ll keep rising in 2021. But how high will rates go? Should you try to lock in now?
Mortgage rates moved up last week, and it looks like they’ll keep rising in 2021. But how high will rates go? Should you try to lock in now?
The average rate for a 30-year fixed mortgage loan rose from its previous record low by 14 basis points this week to 2.79%, according to Freddie Mac.
The post Alongside rising yields, mortgage rates increase to 2.79% appeared first on HousingWire.