Mortgage Rates Hit Multi-Decade Low as Treasury ETFs Rally
September 08, 2011 at 12:00 PM EDT
Mortgage rates have fallen to their lowest levels since the 1950s, following Treasury yields down as investors seek the perceived safety of U.S. government bonds. “The average rate for a 30-year fixed mortgage fell to 4.12%, from 4.22%, Freddie Mac said Thursday. That’s the lowest level...