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Mortgage Rates Continue to Drop
The 10-year Treasury yield fell to a new 2017-low on Tuesday. In response, the 30-year mortgage rate dropped 4 basis points to 3.82 percent, reaching a new year-to-date low for the second consecutive week. However, recent releases of positive economic data could halt the downward trend of mortgage rates.
30-Year Mortgage Rate Hits 2017 Low
Mortgage Rates Drop Again
Mortgage Rates Inch Lower
After holding relatively flat last week, the 10-year Treasury yield fell 4 basis points this week. The 30-year mortgage rate moved in tandem with Treasury yields, dropping 3 basis points to 3.90 percent. Earlier this week, Federal Reserve officials highlighted the influence of continued weak inflation data on rates.
Mortgage Rates Hold Steady
Mortgage Rates Drop Again
Mortgage Rates Move Lower
Mortgage Rates Jump Again
Mortgage Rates Jump
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