Rates Declined Ahead Of Trump’s Tax Bill
Mortgage rates descended another 10 bps last week, but the future of affordability remains uncertain. Officials at Freddie Mac reported that the 30-year fixed-rate mortgage averaged 6.67%, falling from 6.77% ahead of the holiday weekend. A year ago, they averaged 6.95%. Fifteen-year rates declined to 5.80% from 5.89%, and are down from 6.25% last year….