Mortgage Rates Inch Down

The average 30-year fixed-rate mortgage barely budged this week, inching down two points to 4.19 percent, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®). The 15-year fixed-rate mortgage followed suit to 3.39 percent. The 5-year Treasury-indexed hybrid adjustable-rate mortgage also moved down to 3.21 percent.
“Rates are at about the same level at which they started the year and have stayed within a two-basis point range over the past three weeks,” say