Mortgage rates eased back from their recent lows as Treasurys sold off beginning late last week. This was after the market experienced a strong flight to safety gains and news broke out on Monday that the Treasury will begin selling its MBS holdings.  

For the week ending March 24, 30-year fixed mortgage rates increased five basis points from last week to 4.81% with an average 0.7 point, according to Freddie Mac.

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