Mortgage Rates Spike Again While Pending Sales Drop And Inventory Levels Rise

Mortgage Demand Seniors Housing Real Estate housing assistance program

On the Mortgage Front Freddie Mac (OTCMKTS:FMCC) reported the 30-year fixed-rate mortgage averaged 6.70% as of Sept. 29, up from last week when it averaged 6.29%. The 15-year fixed-rate mortgage averaged 5.96%, up from last week when it averaged 5.44%. And the 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 5.30%, up from last week when it [โ€ฆ]