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Fixed-rate mortgages break record low: Freddie Mac Mortgages

Rates on fixed-rate mortgages dropped this week, according to Freddie Mac’s weekly survey of conforming mortgage rates. It’s the ninth week in a row that fixed-rate mortgages have met or set a record low, according to Freddie Mac’s deputy chief economist.

…”Investors in long-term bonds appear very confident that inflation will remain in check, and as a result long-term fixed mortgage rates have continued to fall. This week marks the ninth straight week in the Primary Mortgage Market Survey that 30-year-fixed mortgage rates have met or set a new record low, Amy Crews Cutts, deputy chief economist at Freddie Mac, said in a news release….

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Fixed-rate mortgages break record low: Freddie Mac Mortgages

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