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Mar 31, 2017 U.S. Mortgage Rates See Another Major Decline in Late March

Alan Bermudez

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According to Freddie Mac’s latest Primary Mortgage Market Survey, the average mortgage rate in the U.S. dropped for the second consecutive week. Sean Becketti, chief economist of Freddie Mac said, “The 10-year Treasury yield remained relatively flat this week. The 30-year mortgage rate fell 9 basis points to 4.14 percent, another significant week-over-week decline. Despite