Mortgage rates drop to lowest level in more than a year
A for sale sign hangs from a post outside of a vacant building. (Julio Cortez/AP)
Mortgage rates have dropped to the lowest level in 15 months, capping off a confusing week for the U.S. economy and markets. While it is welcome news for potential homebuyers, it is still a high number.
For more on the week of economic turmoil, host Scott Tong speaks to Bloomberg’s senior markets editor Mike Regan.
This article was originally published on WBUR.org.
