Posted on May 23, 2016 - 04:22 AM
by Daniel Salazar
Mortgage Rates Remain Near 2016 Lows
DAILY REAL ESTATE NEWS | FRIDAY, MAY 20, 2016
Mortgage rates showed little movement this week, holding near the lows for the year.
"Although there was minimal change in rates this week, the hawkish tone of Wednesday's Fed minutes release had an immediate impact on Treasury yields, and could possibly shake up next week's survey results,” says Sean Becketti, Freddie Mac’s chief economist.
Freddie Mac reports the following national averages with mortgage rates for the week ending May 19: