Mortgage Rates Drop for Second Week in a Row as Fed Holds Rates Steady
The Freddie Mac Primary Mortgage Market Survey (PMMS) reported a second consecutive weekly decline, with the 30-year fixed mortgage rate dropping another eight basis points for the week ending October 29th. This recent pullback is primarily driven by easing 10-year U.S. Treasury yields, which retracted from their early-October highs as investors moved capital into […]
