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Mortgage interest rates hold steady at record lows

interest rates

Despite slightly higher Treasury yields, mortgage interest rates held steady at record lows this week, according to a survey by Freddie Mac.

Mortgage interest rates remained at last week’s level of 2.71% for the 30-year fixed rate mortgage, according to Freddie Mac’s Primary Mortgage Market Survey.

“Mortgage rates remain at record lows, resisting their typical correlation to Treasury yields, which have recently been moving higher,” Freddie Mac Chief Economist Sam Khater said. “Mortgage spreads – the difference between mortgage rates and the 10-year Treasury rate – are declining from their elevated levels earlier this details ⇒

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