Morning Minute: Low mortgage rates hold steady this week

Homebuyers are finding that year-to-date low mortgage rates are continuing to hold steady, Freddie Mac reported this week. A 30-year, fixed-rate mortgage averaged 3.90 percent and the 15-year, fixed-rate mortgage averaged 3.17 percent this week. Read more from Freddie Mac.

In other headlines:

New-Home Sales Rise in May as Prices Hit Record Level – Wall Street Journal

Realtors® Highlight Flood Insurance Concerns as House Committee Finalizes Key Markup – National Association of REALTORS®

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