Monthly Archives: April 2017

Mortgage rates plunge below 4% as investors flee the ‘Trump trade’

Written on April 21, 2017 at 11:24 am

Rates for home loans lurched lower, sending the benchmark below the key 4% threshold for the first time in six months, Freddie Mac said Thursday. The 30-year fixed-rate mortgage averaged 3.97%, down 11 basis points during the week and below 4% for the first time since Nov. 17. The 15-year fixed-rate mortgage averaged 3.23%, down  Read More Read More...