Average mortgage rates edge lower: 30-year at 3.89%

Bobby and Lindsey
Published on August 18, 2017

Average mortgage rates edge lower: 30-year at 3.89%

The FRM rate is down marginally from last week’s 3.9%, though still higher than a year ago when it averaged 3.65%. However, despite low rates, the housing market remains hampered by tight mortgage credit standards.

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