Fixed interest rates on residential loans improved over the past seven days, The odds over the next seven days are for further improvement.

During the week that concluded on Sept. 7, Freddie Mac’s Primary Mortgage Market Survey had 30-year fixed rates averaging 3.78 percent.

Thirty-year mortgage rates have not been this low since the week ended Nov. 10, 2016, when fixed rates averaged 3.57 percent.<

Source: Mortgage Daily