March 31, 2022

What’s Happening with Mortgage Rates, and Where Will They Go from Here?

Wednesday March 30th, 2022  For Buyers, Housing Market Updates, Interest Rates, Pricing Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Here’s a visual to show how mortgage rate movement throughout 2021...

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Mary Cockburn - 5 Star Real Estate Agent serving Edgewood, Albuquerque, & East Mountain