Mortgage markets improved for the second consecutive week last week as demand for U.S. mortgage-backed bonds remained high.

Mortgage rates rose slightly in last week’s holiday-shortened week.

After 4 weeks of increases, mortgage rates finally recede nationwide.

This week, for the first time since mid-June, the 30-year fixed rate mortgage rate climbed on a week-over-week basis, moving 6 basis points to 3.55%, on average.

30-year fixed rate mortgage rates made new, all-time lows once again this week.