prices rise: That was down from 4.41% in the prior week, according to Market Watch. The 15-year adjustable-rate mortgage averaged 3.81%, down three basis points. The 30-year fixed-rate mortgage averaged 4.37% in the February 14 week, mortgage guarantor Freddie Mac said Thursday. The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.88%, down from 3.91%. Those rates don't include fees associated with obtaining mortgage loans. That's good news for borrowers bond yields decline as their prices rise. Mortgage rates track the 10-year U.S. Treasury note TMUBMUSD10Y, 0.00% . Bonds have become more attractive over the past few weeks amid global growth concerns and worries about a possible second government shutdown.
(news.financializer.com). As
reported in the news.
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