Home | Newsletter | Advertise
loading...

Mortgage Rates Climb to 6.76%, Highest Level Since Last Fall

  • September 10th

by UrbanTurf Staff

✉️ Want to forward this article? Click here.

Mortgage rate chart_09-10-26.png

Mortgage rates ticked up again this week, with Freddie Mac's Primary Mortgage Market Survey showing the 30-year fixed-rate mortgage averaging 6.76% as of September 10, up from 6.71% the week prior. The long-term rate is now notably higher than where it stood last year at 6.35%.

Whether this marks a sustained climb or another blip in a mostly sideways summer for rates remains to be seen. Forecasters, including Fannie Mae and the Mortgage Bankers Association, have generally projected rates to ease modestly later this year, though those predictions have proven fluid amid shifting economic signals. In the meantime, expect the rate conversation to remain a fixture at open houses across the region, as agents and buyers alike try to parse whether now is the moment to lock in or wait for a more favorable window.

See other articles related to: interest rates, mortgage rates

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/mortgage_rates_climb_to_676_highest_level_since_last_fall/24983.

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse