Thirty-Year Fixed Mortgage Rate Moves Lower
Freddie Mac’s most recent Primary Mortgage Market Survey shows the 30-year fixed mortgage rate inching lower for the third consecutive week and setting a new low for the year. “In a short week following Memorial Day, the 10-year Treasury yield fell 4 basis points,” says Sean Becketti, Freddie Mac’s chief economist. “The 30-year mortgage rate remained relatively flat, falling 1