Mortgage Rates Tick Upward Amidst Geopolitical Volatility and Inflationary Concerns
Washington D.C. – The landscape of homeownership shifted slightly this week as average mortgage rates experienced a modest uptick, a development that elicits varied reactions depending on a prospective buyer’s position in the home-buying journey. The average rate for a 30-year fixed-rate mortgage rose by four basis points to 6.51% Annual Percentage Rate (APR) for…
