HOMZ - Mortgage rates continue to hit record lows

30-year fixed-rate mortgage averages 2.67% for the week ending Dec. 17, down from 2.71% in the prior week and 3.73% at this time a year ago, according to the Freddie Mac Primary Mortgage Market Survey."Mortgage rates are at record lows and pushing many prospective homebuyers off the sidelines and into the market," said Freddie Chief Economist Sam Khater. "Homebuyer sentiment is sanguine and purchase demand shows no real signs of waning at all heading into next year."15-year FRM averages 2.21% vs. 2.71% in the prior week and 3.73% a year ago.5-year Treasury-indexed hybrid adjustable rate mortgage averages 2.79%, unchanged from a week ago and down from 3.36% a year ago.Homebuilder stocks are among the strongest gainers in early trading. iShares U.S. Home Construction ETF (ITB) gains 3.7%; by name: D.R. Horton ([[DHI]] +4.6%), PulteGroup ([[PHM]] +5.7%), KB Home ([[KBH]] +5.6%), and Lennar ([[LEN]] +9.8%).Homebuilder ETFs: [[ITB]], [[XHB]], [[NAIL]], [[HOMZ]], [[PKB]]Mortgage-related ETFs:

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Mortgage rates continue to hit record lows