- Average mortgage rates fell in the past weeks after back-to-back weeks of increases, according to the latest Freddie Mac survey.
- The 30-year fixed-rate mortgage averaged 4.23% in the past week, down from last week when it averaged 4.30%, and the 15-year fixed-rate mortgage averaged 3.44%, down from 3.50% a week ago.
- Last year at this time, the 30-year and 15-year fixed rates averaged 3.71% and 2.96%, respectively.
- ETFs: XHB, ITB