Steady as Rates Hold: Mortgage Trends and Market Insights Into Late January
Mortgage rates have largely held steady going into the end of January, offering some predictability for prospective homebuyers and those looking to refinance. As of this week, the average rate for the 30-year fixed mortgage hovered around 6.88%, down slightly from the previous week. Meanwhile, the 15-year fixed mortgage rate was at 6.23%. With inflation…