Weekly Mortgage Rate Update: Mixed Movements in the Mortgage Markets

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As of the latest data published February 29, 2024, according to the Primary Mortgage Market Survey by Freddie Mac, the average rates were as follows: the 30-year fixed-rate mortgage (FRM) was at 6.94%, an increase of 4bps from the previous week, and the 15-year FRM was at 6.26%, a decrease of 3bps from the previous week.

PMMS graph 2/29/24

Potential homebuyers exploring the Jupiter real estate market should reach out to Joe Ballerino (NMLS# 785366) for expert mortgage guidance. Joe can provide personalized mortgage advice, assist in securing favorable rates, and streamline the home financing process to help you achieve homeownership smoothly.

https://www.freddiemac.com/pmms

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