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Mortgage Rates Today: 30-Year Rate Rises to 6.69% Ahead of Jobs Report
['Tia Avet', 'Analyst', 'Covering Cryptocurrency Markets', 'Policy', 'Regulation. With Over Seven Years Of Experience In Business', 'Marketing Development', 'She Has Spent The Past Two Years Specializing In Digital Assets.', 'Min Read', 'August']
Coinpaper
U.S. mortgage rates remain elevated Friday, Aug. 7, with the average 30-year fixed mortgage rate rising to 6.69% in Freddie Mac’s latest weekly reading.
Freddie Mac reported that the average 30-year fixed mortgage rate reached 6.69% as of Aug. 6, up from 6.66% the previous week and 6.58% on July 23.
The average 15-year fixed mortgage rate slipped to 6.01% from 6.04%, although it remains above the 5.75% level recorded a year ago.
30-Year Mortgage Rate vs. 10-Year Treasury.
For mortgage rates today, the key number to watch is the 10-year Treasury yield after the jobs report.