September 7, 2017
The 10-year Treasury yield fell 9 basis points this week, reaching a new 2017-low for a second consecutive week. The 30-year mortgage rate followed, dropping 4 basis points to a year-to-date low of 3.78 percent.
Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. Visit the following link for the Definitions. Borrowers may still pay closing costs which are not included in the survey.
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Posted on September 14, 2017 at 12:25 am by Ryan DeAmaral