Mortgage Rates Drop For A Second Week
Mortgage rates dropped for yet another week to an average of 5.10%, Freddie Mac reported Thursday. Freddie’s Primary Mortgage Market Survey (PMMS) found that the 30-year fixed-rate mortgage (FRM) averaged 5.10%, down from last week’s 5.25%. A year ago at this time, the 30-year FRM averaged 2.95%. “Mortgage rates decreased for the second week in…