Mortgage Rates Remain Near 10-Month Lows

Washington Post, Feb. 18, 2016–Orton, Kathy

Two months ago, when the Federal Reserve announced it was raising its benchmark rate, most observers expected mortgage rates to start creeping higher. Instead, for the past six weeks, the average for the 30-year fixed-rate, the most popular home loan product, has fallen 36 basis points.

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