Mortgage Rates Edge Up as Politics and Economics Muddle Financial Markets

A website for real estate has reported that mortgage rates have gone up slightly. The average rate for a thirty year mortgage is now 4.05%, up by.03%, while a fifteen year rate went up by .02%. The writer of the feature stated there was some uncertainty after the firing of an FBI director, but it was offset by a good supply of stock. The writer said that analysts had expected the average mortgage rate after the 2016 election to reach 4.5%, but that has not happened.

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