Is it here? Mortgage Rates Hit Lowest Mark of 2017 | David Reed Mortgage Rates Hit Lowest Mark of 2017 – David Reed

Following a weak March jobs report, the 10-year Treasury yield dropped about 5 basis points. The 30-year mortgage rate fell 2 basis points to 4.08 percent. Not only did the average 30-year fixed-rate mortgage decline for the fourth consecutive week, it also fell to a new 2017 low.