Category Archives: Interest Rates
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Mortgage Rates Drop Again
Mortgage Rates Inch Lower

After holding relatively flat last week, the 10-year Treasury yield fell 4 basis points this week. The 30-year mortgage rate moved in tandem with Treasury yields, dropping 3 basis points to 3.90 percent. Earlier this week, Federal Reserve officials highlighted the influence of continued weak inflation data on rates.
Mortgage Rates Hold Steady
Mortgage Rates Drop Again
Mortgage Rates Move Lower
Mortgage Rates Jump Again
Mortgage Rates Jump
30-Year Fixed Mortgage Rate Hits New Low

The 30-year mortgage rate fell 2 basis points to 3.88 percent this week. However, the majority of this Primary Mortgage Market Survey® (PMMS®) was conducted prior to Tuesday’s sell-off in the bond market which drove Treasury yields higher. Mortgage rates may increase in next week’s survey if Treasury yields continue to rise.