Rates Edge Down for First Time in Two Months

Mortgage rates and the 10-year Treasury yield dropped this past week, offering homebuyers brief relief after two months of steady increases. The decline followed a wave of economic data that drove cautious investors into the safety of the bond market. The latest Freddie Mac Primary Mortgage Market Survey® released Thursday shows the average 30-year fixed-rate…

The post Rates Edge Down for First Time in Two Months appeared first on RISMedia.

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