30-year mortgage rates approach all-time lows

July 7, 2016 4:25 PM

10 0

30-year mortgage rates approach all-time lows

Mortgage rates tumbled in the past two weeks, approaching all-time lows as the U.K.’s vote to leave the European Union drove down Treasury yields.

The 30-year fixed-rate mortgage averaged 3.41% this week, down from 3.48% a week ago and 4.04% a year ago, mortgage giant Freddie Mac said Thursday.

Also read: Global Economy Week Ahead: Trump, Fed Speeches Set to Guide Interest Rates

Read more

To category page

Loading...