Mortgage rates at 2017 lows!

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Freddie Mac’s weekly survey of mortgage rates reveals that last week interest rates remained at 2017 lows.

From Freddie Mac’s Prime Mortgage Market Survey:

Attributed to Sean Becketti, chief economist, Freddie Mac.
“Following a sharp decline last week, the 10-year Treasury yield rose 11 basis points this week. The 30-year mortgage rate, however, remained unchanged at 3.78 percent. If Treasury yields continue to rise, mortgage rates could see an increase in next week’s survey.”

Remember, this is “last week’s” information. You cannot lock in a mortgage rate from last week unless you are a time traveler. If you would like current mortgage rates based on your personal scenario for your home located anywhere in Washington state, please contact me!

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