Washington Post: Mortgage Rates Lowest in 19 Months

Global economic uncertainty has left the stock market shaky, which in turn has caused investors to flee to the safety of bonds. With yields on bonds falling, mortgage rates have followed suit.

According to the latest data released Thursday by Freddie Mac, the year opened with a rates tumble: The 30-year fixed-rate average fell to its lowest level in more than 19 months.

Read More

 

Leave a Reply

Your email address will not be published. Required fields are marked *