Mortgage rates higher at the end of the week

The October 4, 2018 Freddie Mac Primary Mortgage Survey reported that the 30-year fixed mortgage rate average was 4.71%, almost unchanged from 4.72% last week. The 15-year fixed was 4.15%, almost unchanged from 4.16% last week. The 5-year ARM was 4.01%, up from 3.97% last week. Although mortgage rates on Thursday’s survey were unchanged from last week’s rates they did rise in the end of the week. Next week’s survey rates will be higher.

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