The year opens against the continuing backdrop of damage from the coronavirus pandemic on the
Mortgage buyer
The average rate on 15-year fixed-rate loans, popular among homeowners seeking to refinance their mortgages, ticked down to 2.16% from 2.17%.
Mortgage rates are set to rise modestly this year as economic factors shift, according to
A continued rise in home prices could intensify the squeeze on potential purchasers during the spring homebuying season, Khater says.
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