Freddie Mac released their weekly Prime Mortgage Market Survey today announcing that mortgage rates hit 2017 lows.
The PMMS is based on average rates for conforming mortgages from last week. The rates do not include closing cost and are priced with 0.5 point.
From the PMMS:
Attributed to Sean Becketti, chief economist, Freddie Mac.
“The 10-year Treasury yield fell 6 basis points this week amid concerns over lagging inflation. The 30-year mortgage rate also declined for the fourth consecutive week, dropping 3 basis points to a new year-to-date low of 3.86 percent.”
If you’re considering refinancing, you may be in luck! If you would like me to provide you with a current mortgage rate quote for your personal scenario for your property located anywhere in Washington state, please click here.
Please leave a reply