Mortgage Rates Rising After Weeks of Decline
Regan Hagestad
May 2, 2017
Freddie Mac’s most recent Primary Mortgage Market Survey shows an increase in average mortgage rates for the first time in five weeks. “The 10-year Treasury yield rose about 10 basis points this week. The 30-year mortgage rate moved with Treasury yields, rising 6 basis points to 4.03 percent,” says Sean Becketti, Freddie Mac’s chief economist. “Despite recent swings in
