26 Feb Mortgage rates sink to lowest levels in more than a year

Mortgage rates sink to lowest levels in more than a year Via The Washington Post

Mortgage rates sink to lowest levels in more than a year

Consumers are losing confidence in the economy, and that’s helping drive down mortgage rates. The Conference Board reported earlier this week that its consumer-confidence index sank to a seven-month low. The pessimistic outlook has caused investors to look for a safe place to park their money.