Mortgage Rates: How Low Will They Go?

How low will they go? Mortgage rates limboed down again this week, with the 30-year, fixed rate—3.88 percent—marking a new low for 2017, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®). Both the 15-year, fixed rate and the 5-year, Treasury-indexed hybrid adjustable rate moved down to 3.17 percent.
“The 30-year mortgage rate fell two basis points to 3.88 percent this week,” says Sean Becketti, chief economist at Freddie Ma