Mortgage rates hold steady in the middle of August

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It's the middle of August, and mortgage rates are remaining relatively steady, according to Freddie Mac's Primary Mortgage Market Survey.

As of August eighteenth, mortgage rates are between three point four one percent and three point four eight percent.

Thirty-year fixed-rate mortgages ended the week of August eighteenth at three point four three percent.

Fifteen year fixed rate mortgage rates averaged two point seven four percent.

Potential homeowners can expect rates to remain low for the foreseeable future, especially as the real estate market awaits the release of minutes from the July Federal Open Market Committee meeting.

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