Mortgage rates slips to 2.9%, lowest in five months

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Mortgage rates slips to 2.9%, lowest in five months

seekingalpha2021-07-08

30-year fixed-rate mortgage averaged 2.90% for the week ending July 8, down from 2.98% recorded in prior week and down from 3.03% averaged in same period a year ago,according to theFreddie Mac Primary...

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Comment（16）

sharonK
·2021-07-09
ok
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mmDesmm
·2021-07-09
Good
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AngelineTan
·2021-07-09
Yes
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ken26ksh
·2021-07-09
Hope everyone wins big and win more ??????
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3
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- idk6874:
  yes yes
  2021-07-09
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eo1668
·2021-07-09
pls like & comment
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5
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- stormlee:
  Comment & like pls
  2021-07-09
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Derrickmin
·2021-07-09
Like
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6
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- stormlee:
  Comment & like pls
  2021-07-09
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- schipperde:
  ok
  2021-07-09
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adepickle
·2021-07-09
Like
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4
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- atsc:
  Done
  2021-07-09
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kennylalah
·2021-07-09
Good…
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June陈
·2021-07-09
Like
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- stormlee:
  Comment & like pls
  2021-07-09
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Ajinomoto
·2021-07-08
Zillow ? ?
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HSR
·2021-07-08
Great
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7
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- HSR:
  Good
  2021-07-08
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TJTan
·2021-07-08
coins
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3
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pompeepee
·2021-07-08
likey like tq
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- CMK30:
  Ok
  2021-07-08
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teow0023
·2021-07-08
Collect coins!
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- Derrickmin:
  Yes
  2021-07-09
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Xiaoqiang
·2021-07-08
Great
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- CocoPosh:
  [What]
  2021-07-08
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SuperHuat
·2021-07-08
im here just for the coins
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While mortgage rates tend to follow Treasury yields closely, other factors can be impactful such as the labor markets, which are continuing to improve per last week’s jobs report,\" chief economist Sam Khater commented.\nThe 10-year U.S. Treasury yield dropped below 1.3% on Wednesday, and fell another 6 bps overnight to 1.26%,read more.\nAlso Read: Are Treasury yields sniffing out a Fed mistake?: At the Open\n5-year FRM averages 2.20% down from last week when it averaged 2.26% and 2.51% a year ago.\n5-year Treasury-indexed hybrid adjustable rate mortgage averaged 2.52%, down from 2.54% in prior week, and lower from 3.02% a year ago.\n\"We expect economic growth to gradually drive interest rates higher, but homebuyers and refinance borrowers still have an opportunity to take advantage of 30-year rates that are expected to continue to hover ~3%,\" Khater continued.\n\"While longer-term changes in rates are likely to be to the upside, the shift in the market's outlook suggests 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