U.S Mortgage Rates Fall again as COVID-19 Delivers Yet More Uncertainty

Mortgage rates fell for the 9th time in 13-weeks and for a fourth straight week in the week ending 22nd July

Following a 2 basis points decline from the previous week, 30-year fixed rates decreased by 10 basis points to 2.78%.

Since 21st April, 30-year mortgage rates had risen just once beyond the 3% mark before the current pullback.

Compared to this time last year, 30-year fixed rates were down by 23 basis points.

30-year fixed rates were still down by 216 basis points since November 2018’s…


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