Mortgage Rates Retreat, but Housing Market Supply Crunch Won't Let Up
Rates for home loans fell in tandem with the bond market, a welcome respite for the housing market after a recent run-up in home financing costs. The 30-year fixed-rate mortgage averaged 4.85% in the October 18 week, down 5 basis points, mortgage buyer Freddie Mac said Thursday. Rates for home loans – 15-year fixed-rate mortgage averaged […]