Consumers ‘Proceed Cautiously’ on Home Sales as Rates Linger in Low 6’s

Mortgage rates bumped back up this week but overall remain in the low 6% range, contributing to a subdued but steady spring market, according to economists.  The average mortgage rate ticked increased 7 basis points to 6.30%, up from 6.23% last week, and back to the same point from two weeks ago, according to the… The post Consumers ‘Proceed Cautiously’ on Home Sales as Rates Linger in Low 6’s appeared first on RISMedia.