Capital Town Investments LLC

Mortgage rates hit a three-year low following the Trump administration’s MBS purchase announcement. The 30-year fixed-rate averaged 6.06% last week, while 15-year rates fell to 5.38%. Weekly purchase and refinance activity have increased, signaling a stronger housing market.

Read more:

Rates Shrink To Three-Year Low - The Mortgage Note Mortgage rates have sunk to a three-year low following the Trump administration's MBS purchase announcement, driving an increase in purchase and refi activity.