Mortgage rates have fallen to the lowest level since May 2013, according to recent data released by Freddie Mac. The 30-year fixed-rate loan averaged 3.8% nationally this week, while the 15-year fixed-rate loan averaged 3.1% nationally. 10-year Treasury yields have also fallen to the lowest rate seen in 7 months. The vice president of HSH.com said, “plunging oil prices, due to a slowdown in Russia and other global economies, have been sending investors into safe havens like U.S. Treasuries. This is again driving down yields and pulling mortgage rates right along with them.” More here