Mortgage Rates Sink, Might Hold

A nice improvement was recorded for weekly mortgage rates, and not much movement is likely for rates over the next seven days.

On conventional loans up to $424,100 used to finance a home purchase, 30-year fixed rates averaged 4.41 percent in February.

The report, from the Federal Housing Finance Agency, said long-term conforming rates rose 4 basis points from the prior month.

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From:: Financing