Mortgage Rates Take ‘Breather’ from Year-End Sprint

Mortgage rates on average took a ‘breather’ from their year-end sprint this week, with the 30-year fixed-rate mortgage averaging 4.20 percent with an average 0.5 point, down from last week’s 4.32 percent, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®).
“The 30-year mortgage rate fell this week for the first time since the presidential election, dropping 12 basis points to 4.20 percent,” says Sean Becketti, Freddie