Mortgage rates moved lower this week but remain stuck in a narrow range

Mortgage rates drifted slightly lower this week as fresh trade tensions rattled the global bond markets. The average 30-year mortgage rate was 6.27% through Wednesday, down from 6.3% a week earlier, according to Freddie Mac data. The average 15-year mortgage rate was 5.52%, from 5.53%. The 10-year Treasury yield, which mortgage rates closely track, has been volatile in recent days as investors weigh the implications of the ongoing trade dispute between the US and China. On Friday, Trump said the US would ...