Mortgage interest rates crept up a little, but they are still low enough to keep buyers motivated to buy and low housing inventory is keeping homes in high demand.
At an average 3.02% for a 30-year, fixed-rate mortgage, this week’s slightly higher rate carries psychological impact. One year ago, the average FRM was 3.29%.
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source https://www.floridarealtors.org/news-media/news-articles/2021/03/average-mortgage-rates-break-30-barrier
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