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Mortgage Rates Tick Up, But Buyers Undeterred

Mortgage Rates Tick Up, But Buyers Undeterred

Washington DC News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 15, 20261m 15s

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Show Notes

Mortgage rates slightly increased this week, with the average for a thirty-year fixed-rate loan reaching six point one one percent. Despite this, existing-home sales surged and purchase applications rose, indicating a robust spring buying season. The rise in rates is attributed to factors such as the ten-year Treasury yield and inflation concerns stemming from the Iran conflict.

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