Mortgage rates dropped slightly this week according to Freddie Mac’s Weekly Survey. The survey showed 30 year fixed-rates down 4 basis points on the week to 4.29%. The 15 year fixed-rate was down 1 basis point to 3.38%.
Ten Year Treasury Rate yields were around 2.60% this afternoon. They are down from the 2.70% range earlier this week, having steadily declined the past 3 days. While at the low end of range for the past 3 months, we will need to see if they break lower from the 2.60% to 2.80% channel that has defined the range these past 3 months. See our Daily Interest Rate Updates for the most current bond rates.
Note: Chart above is dynamic and reflects current survey, updated weekly.
For TODAYS’s Mortgage Rates, see below or find more home lenders at http://moneycafe.com/personal-finance/mortgage-rates/.