US rate rise 2 basis points this week: Freddie Mac

A 30-year fixed rate mortgage averages 4.54 percent for the week ending Sept. 6, 2018, up from 4.52 percent the previous week, according to Freddie Mac’s Primary Mortgage Market Survey. “Rates are now up three-quarters of a percentage point from last year and home prices–albeit at a slower pace–are still outrunning rising inflation and incomes,” says Freddie’s chief economist, Sam Khater.


Source: Seeking Alpha