Mortgage rates broke a monthlong holding pattern and inched lower this week.
"The 10-year Treasury yield remained relatively flat this week, while the 30-year mortgage rate fell 6 basis points to 4.1 percent,” says Sean Becketti, Freddie Mac’s chief economist. “Since the beginning of the year, the 10-year Treasury yield has covered a 22 basis point range. The range of movement for the 30-year has been half that, just 11 basis points."
Author:Hristo Popov Phone: 561-308-2444 Dated: March 6th 2017 Views: 93 About Hristo: ...
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