Mortgage Rates Fell to 10-Month Low

Mortgage rates edged lower this week, with the average rate for a 30-year falling to 4.41%, down from 4.46%, according to Freddie Mac’s Primary Mortgage Market Survey. A year ago at this time, the average rate for a 30-year fixed-rate mortgage was 4.32%. The drop follows the Federal Reserve’s announcement in late January that it…