Sunday, August 9, 2015

Mortgage Rates Dip Below 4% Again

http://realtormag.realtor.org/daily-news/2015/08/07/mortgage-rates-dip-below-4-again?om_rid=AACAVe&om_mid=_BVxPksB9EVWGZw&om_ntype=RMODaily


For the third consecutive week, averaged fixed mortgage rates edged down as uncertainty about the economy continued to push Treasury yields lower, Freddie Mac reports in its weekly mortgage market survey. The 30-year fixed-rate mortgage dropped 7 basis points this week to 3.91 percent, its lowest average since June 4.

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Renters are looking to leave New York, Chicago for Dallas.

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