Mortgage rates sink at fastest weekly pace in a year

Mortgage rates fell this week astatine their fastest play gait successful a year, giving immoderate alleviation to the strained lodging marketplace arsenic economical conditions soften. The modular 30-year, fixed-rate owe dropped from 6.5 percent past week to 6.35 percent this week, the lowest level since October of past year, according to information from authorities mortgage…