Mortgage Rates Slip Lower to 3.55% After Jobs Report
By Lauren Braun
The 30-year fixed mortgage rate fell throughout the week, reaching 3.47 percent on Sunday before returning to the current rate.
"Rates fell sharply around Friday's highly anticipated jobs report, which showed much weaker job creation and modestly higher wages than expected," said Erin Lantz, vice president of mortgages at Zillow. "Looking ahead, we expect rates to be mostly flat, with reaction to last week's headlines and international news driving rate movement this week."