Mortgage Rates Dribble Down

Mortgage rates dribbled down this week after a month of minimal movement, with the 30-year fixed-rate mortgage averaging 4.1 percent, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®). The movement of rates is off-mark from that of the Treasury yield, says Sean Becketti, chief economist at Freddie Mac.
“The 10-year Treasury yield remained relatively flat this week, while the 30-year mortgage rate fell six basis points to 4.1 percent,”