Mortgage rates for Oct. 21


“Mortgage charges continued to rise this week as a result of trajectory of each the financial system and the pandemic,” Sam Khater, Freddie Mac’s chief economist, stated in an announcement. “At the same time as the supply of present properties is enhancing, costs stay excessive on account of house purchaser demand and limitations on housing begins and permits ensuing from the continuing labor and materials shortages. Regardless of these countervailing forces, we anticipate the housing market to stay sturdy as we head into the top of the 12 months.” | Mortgage charges for Oct. 21


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