Mortgage rates extend decline, sinking to 16-month lows – The. – According to the latest data released Thursday by Freddie Mac, the. Meanwhile, despite falling rates, mortgage applications pulled back.
Mortgage Rates Move Down Again | Freddie Mac – Attributed to Len Kiefer, deputy chief economist, Freddie Mac. "The average 30-year fixed mortgage rate fell to 3.69 percent this week following a decline in 10-year Treasury yields. Low mortgage rates are a welcome sign for those in the market to buy a home this spring season and will help to support homebuyer affordability.
WASHINGTON (AP) – US long-term mortgage rates went down for a second straight week, reversing the upward trend in April. Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year fixed-rate mortgage fell from 4.14 percent last week to 4.1 percent. By contrast, a year ago the benchmark rate stood at 4.55 percent.
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(Source: Freddie Mac) According to the report, the 30-year fixed-rate mortgage averaged 4.52% for the week ending July 5, 2018, down from 4.55% last week, and up from 3.96% last year. The 15-year FRM fell to an average 3.99% this week, down from last week when it averaged 4.04%. This time last year, the 15-year FRM was 3.22%.
· The rate on a 30-year, fixed-rate mortgage averaged 7.70 percent for the week ending Oct. 1, down from 7.76 percent. That’s the lowest rate in two months, Freddie Mac said.
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The 30-year fixed-rate average slid to 3.82 percent and the 15-year rate hit 3.28 percent this week, according to new data from Freddie Mac reported in the Washington Post. Rates have been on a.
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Mortgage rates are continuing their downward spiral. According to Freddie Mac, the average rate on a 30-year fixed-rate loan has dropped to.
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Mortgage rates fell for a 3 rd consecutive week in the week ending 21 st February. 30-year fixed rates decreased by 2 basis points to 4.35%, the lowest level in over 12-months, according to figures.