Mortgage Rates Moved Lower Once Again, But Don’t Expect Them to Stay Down for Long

Washington Post, May 13, 2021–Kathy Orton
Mortgage rates fell for the second week in a row, but their decline may be short-lived. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped to 2.94 percent with an average 0.7 point. (MBA mention)