Weekly Mortgage Rates Retreat

Several macroeconomic factors have impacted, and will continue to impact, mortgage rates. Most recently, rates turned lower ahead of the jobs report.

Fixed interest rates on 30-year single-family loans averaged 3.95 percent in the week ended Jan. 4, according to Freddie Mac’s Primary Mortgage Market Survey.

Long-term mortgage rates retreated from 3.99 percent in the preceding seven-day period and 4.20 percent in the same seven days last year.

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From:: Financing