Interest rates on residential loans improved nicely over the past week. But recent market activity suggests fixed rates could be higher in the next report.
During September, 30-year fixed rates on conforming, conventional mortgages averaged 3.73 percent, the Federal Housing Finance Agency reported.
FHFA, which based its findings on a small survey of home lenders, noted that rates dipped modestly from August, when the average was 3.74 percent.
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From:: Financing