The nation’s average mortgage rate has dropped nearly one half of one percentage point over the past month, and industry experts are pointing to stock market volatility as the primary reason.  The current 30-year fixed-rate home loan stands at 4.58% according to  Just a month ago, a buyer could expect to pay 4.73%.

While rates have decreased slightly in the past month and remain low by historical standards, they’ve climbed considerably in the past year.  In December of 2017, buyers could expect to secure a rate of just 3.94%.  Most mortgage experts believe that rates will resume to steadily climbing higher in 2019, and are expected to hit 5.5% in the coming year.