Interest Rate Update

The September 10, 2020, Freddie Mac Primary Mortgage Survey reported mortgage rates for the most popular loan products as follows: The 30-year fixed mortgage rate average was 2.86%, down from 2.93% last week. The 15-year fixed was 2.37%, down from 2.42% last week. The 5-year ARM was 3.11%, up from 2.93% last week.

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