Advertisement

Fixed-rate home mortgages are averaging 10.56%, according...

Share

Fixed-rate home mortgages are averaging 10.56%, according to a national survey by the Federal Home Loan Mortgage Corp. That rate was up slightly from a rate of 10.55% last week. On one-year adjustable rate mortgages, lenders were asking an average initial rate of 8.61% this week, up from 8.56% the week before, Freddie Mac said.

Advertisement