The 30-Year Mortgage Rate Dips Slightly to 5.1%
The interest rate on the country’s benchmark mortgage product edged downward for the first time since early March, but that doesn’t mean the housing market will see a reprieve. The 30-year fixed-rate mortgage averaged 5.1% for the week ending April 28, according to data released by Freddie Mac on Thursday. That’s down one basis point from the …