Another week and U.S. mortgage rates fell again, declining to a level not seen in a year, according to Freddie Mac.
The 30-year fixed mortgage averaged 4.35 percent for the week ending Feb. 21, down from 4.37 percent the previous week. A year ago, mortgage rates stood at 4.4 percent.
Low mortgage rates help propel U.S. home sales and the refinance market.
“Mortgage rates fell for the third consecutive week, continuing the general downward trend that began late last year,” said Sam Khater,…
