Mortgage Rates Drop by Largest Amount in 41 Years

Yahoo! Finance, Nov. 17, 2022–Gabriella Cruz-Martinez
The rate on the average 30-year fixed mortgage fell to 6.61% from 7.08% the week prior, according to Freddie Mac, which this week changed its methodology calculating rates. The drop follows a sharp decline in the yield on the 10-year Treasury last week after a government showed inflation cooled last month.