The average rate on the 30-year fixed mortgage fell again this week to a record low marking the seventh consecutive week below 4.00 percent.
The average on the 15-year fixed mortgage ticked up to 3.17 percent from 3.16 percent, which was also a record low. Records for mortgage rates date back to the 1950s.
Mortgage rates tend to track the yield on the 10-year Treasury note, which fell below 1.9 percent this week.
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