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30-year mortgage rate slides to six-week low, Freddie Mac says

Published 08/11/2017, 01:04 PM
Updated 08/11/2017, 01:04 PM
© Reuters.  30-year mortgage rate slides to six-week low, Freddie Mac says

© Reuters. 30-year mortgage rate slides to six-week low, Freddie Mac says

  • The benchmark 30-year mortgage rate slipped to six-week lows and now sits just 2 bps above its YTD low, as investors snapped up safe-haven assets in recent days, according to Freddie Mac's latest weekly survey.
  • The 30-year fixed-rate mortgage averaged 3.90% in the week ending Aug. 10, sliding from 3.93% a week ago, while the average 15-year fixed-rate mortgage held steady at 3.18%.
  • Last year at this time, the 30-year and 15-year fixed rates averaged 3.45% and 2.76%, respectively.
  • ETFs: XHB, ITB
  • Now read: Home Attitude Adjustments

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