30-Year Mortgage Rate Hits 2017 Low

Freddie Mac’s most recent Primary Mortgage Market Survey shows the 30-year fixed mortgage rate dropping to its lowest mark since November 10, 2016. “The 10-year Treasury yield fell 6 basis points this week amid concerns over lagging inflation,” says Sean Becketti, Freddie Mac’s chief economist. “The 30-year mortgage rate also declined for the fourth consecutive…

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