AP National Business
WASHINGTON (AP) – Mortgage rates have been mixed this week and remain largely unchanged since their first hike last week after a six-week decline. Average rates on home loans remain historically low – less than 3%. Mortgage buyer Freddie Mac reports that the average for a 30-year mortgage fell to 2.86% from 2.87% last week. The 15-year loan rate rose to 2.16% from 2.15% last week. Uncertainty over the rapidly spreading variant of the delta coronavirus and its potential impact on economic recovery in recent weeks has been the backdrop for containing mortgage rates.