Mortgage rates hold steady above 7% ahead of Fed’s next move: Freddie Mac

By: Housing market activity remains subdued by fluctuating mortgage rates and low housing supply, according to Freddie Mac (iStock) Mortgage rates dipped again but remained above 7% for the fourth consecutive week, continuing to strain demand-side appetite, according to Freddie Mac. The average 30-year fixed-rate mortgage decreased to 7.12% for the week ending September 7,…

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