Mortgage Rates are Stuck in a Holding Pattern

Washington Post, Sept. 9, 2021–Kathy Orton
As the summer wound down, mortgage rates stagnated. The 30-year fixed mortgage rate — the most popular home loan product — has barely budged for more than a month. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average crept up to 2.88 percent with an average 0.7 point. (MBA mention)