30-Year Mortgage Rate Edges Up in October

For the first time since November of last year, information compiled by Freddie Mac shows that mortgage rates increased slightly. As of end of October 2019, the 30-year FRM – Commitment rate, increased by eight basis points to 3.69 percent from 3.61 percent in September. The cycle peak was 4.87 percent in November. As expected, The Federal Reserve lowered its … Continue reading 30-Year Mortgage Rate Edges Up in October