March 2020

Given Recent U.S. Stock Market Volatility, Mortgage Rates Drop Again

According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage averaged 3.45 percent in late February 2019. "Given the recent volatility of the ten-year Treasury yield, it's not surprising that mortgage rates again have dropped," said Sam Khater, Freddie Mac's Chief Economist. "These low rates combined with high consumer confidence continue to drive home...

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