UPDATE 1-U.S. 30-year mortgage rates fall from 11-week high - Freddie Mac
March 23, 2017 at 11:01 AM EDT
(Adds background, table, graphic) NEW YORK, March 23 (Reuters) - U.S. 30-year mortgage rates fell from 11-week highs as Treasury yields decreased in the wake of indications by the Federal Reserve last week that it will remain on a gradual path to raising interest rates, according to mortgage finance agency Freddie Mac on Thursday. The borrowing cost on 30-year mortgages, the most widely held type of U.S. home loan, averaged 4.23 percent in the week ended March 23. This compared with the