Three-Peat: Mortgage Rates Dip Again

Mortgage rates dipped this week, marking a three week-streak of declines after sailing past 4 percent at the end of 2016. According to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®), the 30-year fixed-rate mortgage averages 4.09 percent with an average 0.5 point, while the 15-year fixed-rate mortgage averages 3.34 percent with an average 0.5 point.
“After trending down for most of the week, the 10-year Treasury yield rose following the release of the CPI [Consumer Pric