FHFA Survey: Mortgage Interest Rates Continue to Fall

May 30, 2017 Staff Writer

The Federal Housing Finance Agency has released its monthly index on mortgage interest rates, surveying 17 lenders and a total of 4,437 loans closed during the last 5 business days of April. Lenders report a decline of 14 to 15 basis points on all loan interest rates as well as a slight decline in the average loan amount. April marks the second straight month the FHFA’s survey has reported a drop in interest rates.

The post FHFA Survey: Mortgage Interest Rates Continue to Fall appeared first on theMReport.com.

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