NEW YORK (Reuters) - U.S. mortgage rates fell in step with bond yields in the latest week on uncertainty over U.S. President Donald Trump's economic policies and upcoming elections in Europe, according to mortgage finance agency Freddie Mac (PK:FMCC) on Thursday.
The borrowing cost on 30-year mortgages, the most widely held type of U.S. home loan, averaged 4.15 percent in the week ended Feb. 16, down from 4.17 percent the previous week, it said.