Day: July 5, 2017

Thirty-Year Fixed Mortgage Rate Hits New Low

Freddie Mac’s most recent Primary Mortgage Market Survey shows the 30-year fixed mortgage rate dropping to a new 2017 low. “The 30-year mortgage rate fell 2 basis points to 3.88 percent this week,” says Sean Becketti, Freddie Mac’s chief economist. “However, the majority of our survey was conducted prior to Tuesday’s sell-off in the bond market which drove Treasury yields

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