According to Freddie Mac, the 30-year fixed-rate mortgage averaged 3.31% during the week ending April 16, down from 3.33% the week before. The 30-year home loan’s average touched a record low of 3.29% in early March.

Concerns about investors’ capacity to repay loans have constrained demand for mortgage-backed securities, ultimately reducing lenders’ abilities to cut rates more.

Read the full article from MarketWatch.