U.S. mortgage rates maintain level


U.S. mortgage rates remained stable this week, according to Freddie Mac.

The 30-year fixed mortgage averaged 4.45 percent for the week ending Jan. 24, unchanged from the previous week. A year ago, mortgage rates stood at 4.15 percent.

Low mortgage rates had been helping propel U.S. home sales and the refinance market.

Sam Khater, Freddie Mac’s chief economist, said mortgage rates today are about at the same level as spring 2018.

"Mortgage rates have stabilized during the last month and are…

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