Tag Archives: Mortgage Rates: The Record That Keeps on Breaking

The streak continues with average 30-year and 15-year fixed-rate mortgages taking yet another dip into record territory this week, according to Freddie Mac’s weekly mortgage market survey. “With little signs of inflation and the Federal Reserve’s ‘Operation Twist’ keeping U.S. Treasury bond yields in check, fixed mortgage rates are remaining low and helping to stir the housing market,” says Frank Nothaft, Freddie Mac’s chief economist. According to Freddie Mac, fixed mortgage rates will likely remain at — or near — their all-time lows in the near future. The low rates […]