by Calculated Risk on 5/13/2019 05:20:00 PM

From Matthew Graham at Mortgage News Daily: Lowest Mortgage Rates in More Than a Month

Mortgage rates moved moderately lower to start the new week as trade tensions remained in focus. In general, the worse the US/China trade relationship is looking at any given moment, the better it has been for the bond market (and the worse it's been for stocks).
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Today's drop brings the average lender back to the lowest rates since April 2. [30YR FIXED - 4.125-4.25%]

CR Note: The decline in mortgage rates - from around 5% late last year, to just over 4% - has given the housing market a lift.