Tag Archives: Mortgage Rates Continue Record-Breaking Streak

The 30-year fixed-rate mortgage — the most popular choice among home buyers — is now a full percentage point lower than a year ago, Freddie Mac reports in its weekly mortgage market survey. Fixed-rate mortgages have been on a record-breaking streak the last few weeks, pushing home affordability even higher. “Market concerns over the strength of the economic recovery brought long-term Treasury yields to new lows this week allowing fixed mortgage rates to reach record levels,” says Frank Nothaft, Freddie Mac’s chief economist. Here’s a closer look at rates for […]