Is it here? Mortgage Rates Fall Back Near 2016 Low | John Adams Mortgage Rates Fall Back Near 2016 Low – John Adams Continue reading " />
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Treasury yields fell last week, and mortgage rates, which had moved up 7 basis points over the past three weeks, responded by erasing most of those gains, falling 5 basis points to 3.43 percent this week for the 30-year fixed-rate mortgage. Mortgage rates have been below 3.5 percent every week since June 30. Borrowers are taking advantage of these low rates by refinancing.