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Mar 27, 2017 Mortgage Rates in U.S. Drop, Signaling Continued Market Uncertainty

Alan Bermudez

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According to Freddie Mac’s latest Primary Mortgage Market Survey (PMMS), the average mortgage rate in the U.S. dropped in late March after two consecutive weeks of increases. Sean Becketti, chief economist at Freddie Mac said, “The 10-year Treasury yield fell about 10 basis points this week. The 30-year mortgage rate moved with Treasury yields and