Treasury securities

An advertising sign for building land stands in front of a new home construction site in Northbrook, Ill., Wednesday, June 23, 2021. Mortgage rates continued to fall this week, tracking a decline in yields on Treasury securities as the bond market continues to signal concerns over the strength of the recovery from the pandemic recession. Mortgage buyer Freddie Mac reports, Thursday, July 8, that the average for the 30-year home loan eased to 2.90% from 2.98% last week. (AP Photo/Nam Y. Huh)

US average mortgage rates continue to fall; 30-year at 2.90%

Mortgage rates continued to fall this week, tracking a decline in yields on Treasury securities as the bond market continues to signal concerns over the strength of the recovery from the pandemic recession.

Fed takes extra steps to sooth virus-rattled bond market

This Feb. 18, 2020, photo shows a real estate sign in front of a home for sale in San Francisco. On Thursday, Feb. 27, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Jeff Chiu)

US mortgage rates decline; 30-year loan at 3.45%

FILE - In this Oct. 22, 2019, file photo a sign stands outside a home for sale in southeast Denver. On Thursday, Feb. 20, 2020, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/David Zalubowski, File)

US mortgage rates tick up this week, 30-year reaches 3.49%