AGNC - Mortgage rates stay low; homebuilder stocks trek up

30-year fixed rate mortgage average 2.77% for the week ending Jan. 21, down slightly from 2.79% in the prior week, according to the Freddie Mac Primary Mortgage Market Survey.Compares with 3.60% at this time a year ago."We’re now seeing rates fluctuate a bit as political and economic factors drive Treasury yields higher, said Freddie Chief Economist Sam Khater. "However, we forecast rates to remain relatively low this year as the Federal Reserve keeps interest rates anchored near zero for a longer period of time, if needed until the economy rebounds."15-year FRM averages 2.21% vs. 2.23% in the prior week and 3.04% a year ago.5-year Treasury-indexed hybrid adjustable rate mortgage averages 2.80%, down from 3.12% in the previous week and 3.28% a year ago.10-year Treasury yield rises 3 basis points to 1.11%, climbing up from post-pandemic lows; in early August the yield was 0.51%.Homebuilder stocks are gaining strongly in Thursday's session, with

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Mortgage rates stay low; homebuilder stocks trek up