“It’s Groundhog Day for mortgage rates, as they have remained virtually flat for over two months,” said Sam Khater, Freddie Mac’s chief economist. The average interest rate on a 30-year fixed mortgage ticked down from 2.88% to 2.86% last week, mortgage giant Freddie Mac reported on Thursday.Įven though the change was minimal, it’s still more activity than rates have seen for some time.
