Monday, 12 April 2021 | The Latest Buzz for the Appraisal Industry

Mortgage Rates Suddenly Trend Downward

In a change of trend, mortgage rates dropped this week for the first time after seven weeks of rising, as Freddie Mac’s latest Primary Mortgage Market Survey (PMMS) reports rates dropping to an average 3.13% for the week ending April 8, 2021, down from last week’s total of 3.18%. “After moving up for seven consecutive …

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