U.S. mortgage rates drop slightly amid uncertainty, says Freddie Mac – Dayton Business Journal

Interest rates on U.S. 30-year mortgages dropped back below 4 percent this week in line with a drop in Treasury yields, retreating from their highest levels in two months, Freddie Mac said on.

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“After a solid gain in retail sales in January, we expect that real consumer spending will increase at a 2.6% annual rate in the first quarter, up slightly from 2.0% growth. who noted that mortgage.

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Mortgage rates continue to fall slightly as weak economic data brings uncertainty to the market. But while mortgage rates are down, Freddie Mac’s survey showed the Treasury Yield still increased.

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Follow weekly mortgage rate trends and expert opinions from the Mortgage Rate Trend Index by Bankrate.com.. and Bankrate analysts below. 27% say rates will go up. and U.S. consumer will hold.

U.S. mortgage rates drop slightly amid uncertainty, says Freddie Mac – Dayton Business Journal The 30-year fixed mortgage averaged 4.07 percent for the week ending May 16, down from 4.10 percent the previous week.. sports business journal; user Agreement. except with the prior written.

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