Mortgage Rates Increase Slightly as Federal Reserve Convenes

Rates for 30-year mortgages tick up while 15-year rates remain steady; Fed's rate decision anticipated.

• 30-year fixed mortgage rates rose to 6.99%, up from last week's 6.81%.
• 15-year fixed mortgage rates held steady at 6.19%.
• Jumbo 30-year rates increased to 7.04%.
• The Federal Reserve is expected to maintain its current interest rate.
• Inflation and economic indicators continue to influence mortgage rate trends.

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