Bank of America: Mortgage rates could hit 5.0% under these conditions

SUBSCRIBE | FastCo Works LOGIN advertisement BY Lance Lambert Listen to this ArticleMore info 0:00 / 0:00 Want more housing market stories from Lance Lambert's ResiClub in your inbox? Subscribe to the ResiClubnewsletter. Last week, the average 30-year fixed mortgage rate tracked by Freddie Mac hit a calendar-year low of 6.35%. It's likely this week's reading could come in even lower given that the daily rate reported by Mortgage News Daily was 6.13% on Tuesday. In recent months, the average 30-year fix ...