Mortgage rates held in place as investors await Fed’s bond-buying decisions

The survey is based on home purchase mortgages. Rates for refinances may be different. As of Aug. 1, borrowers refinancing their mortgages will no longer have to pay the adverse market refinance fee. The fee, which was imposed on mortgages sold to Fannie Mae and Freddie Mac, added about $1,500 to a $300,000 loan. The surcharge was intended to offset covid-related losses.