Weekly Mortgage Report - August 12, 2022 According to the Freddie Mac Primary Mortgage Market Survey, the 30-year fixed rate was up 23 basis points last week, a reminder that recent volatility remains persistent. Although rates continue to fluctuate, recent data suggest that the housing market is stabilizing as it transitions from the surge of activity during the pandemic to a more balanced market. Declines in purchase demand continue to diminish while supply remains fairly tight across most markets. The consequence is that house … Continue reading...