After seeing mortgage rates move higher last week, there was some positive, albeit slight, movement this week. Political and economic factors have created some turbulence in the treasury market which is causing mortgage rates to fluctuate. Freddie Mac however, is forecasting that mortgage rates will remain low this year as the Federal Reserve focuses on an economic rebound.

U.S. Weekly Averages as of January 21, 2021 – Freddie Mac Primary Mortgage Market Survey

The U.S. average 30 Year Fixed Rate Mortgage decreased this week by 0.02 to 2.77% with 0.7 Fees/Points. The 15 Year Fixed Rate moved lower by .02 to 2.21% with 0.6 Fees/Points. This information is posted weekly by Freddie Mac and can be found at

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If you are interested in refinancing your mortgage or, if you are purchasing a home, please call or text me at (201)715-2251 or, email

Note: Mortgage rates are based on factors including, but, not limited to, credit score, loan amount, loan to value ratio, loan term and loan purpose. Rates are volatile and, subject to change without notice based on market conditions. The prevailing rate can be locked in at the time of application.

Leigh Bodnar -Mortgage Loan Originator – NMLS #192707

This advertisement is for first mortgages only and subject to credit and lenders approval. PLS Mortgage Services is a licensed mortgage broker in NJ, PA and FL. The office address is 878 Pompton Ave with NMLS number 1671676. Mortgage brokers are not empowered to make mortgage loans. Your Actual rate, payment and costs could be HIGHER. Get an official Loan Estimate before choosing a loan.