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Freddie Mac: Mortgage rates once again drop to new yearly lows

For the second consecutive week mortgage rates moved lower, and are currently the lowest since May 2013. "The 10-year treasury yield continued its free fall this week as global risks and expectations for the Fed’s June meeting drove investors to the safety of government bonds," says Sean Becketti, Freddie Mac’s chief economist.

 · Fixed mortgage rates sank to new lows for the year this week. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate.

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Mortgage Rates Drop Back to 1-Month Lows Aug 12 2016, 3:37PM Just a day after bouncing firmly higher from the lowest levels in a month, mortgage rates are right back down to the bottom of the.