After reaching a 7-month low in the last week of December, mortgage rates kicked off the year with a mild uptake in the first week of 2024. The average 30-year fixed rate mortgage (FRM) reported by Mortgage News Daily inched up from 6.67% on the last trading day of 2023 to 6.74% at the closing on January 8, 2024. https://www.car.org/marketdata/marketminute
Stacy Joel Safion
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