Mortgage Rates Drop Slightly as U.S. Shoppers Fuel Solid Retail Sales Growth

Mortgage rates decreased one basis-point last week according to the Freddie Mac Primary Mortgage Market Survey released on December 18th. The average 30-year fixed-rate mortgage has remained within a narrow 10-basis point range over the last two months. With rates down half a percent over last year, purchase applications are 10% above the same time […]