Mortgage Rates

Investors wary of the current economic situation due to the ongoing trade disputes fell back on the bond market, causing the 10-year treasury yield to decrease. The 30-year fixed-rate mortgage averaged 4.10 percent with an average 0.50 point fee for the week ending May 9, 2019, down from last week when it averaged 4.14 percent.  A year ago at this time, the 30-year fixed-rate mortgage averaged 4.55 percent.

Posted on May 10, 2019 at 4:24 pm
Robert Stiles | Category: Mortgage News | Tagged

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