Refinance News

World News Story: Long-Term Mortgage Rates Fall as 30-Year Average Hits 3.82%

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WASHINGTON (AP) – U.S. long-term mortgage rates fell for the sixth consecutive week, with the key 30-year loan average running below 4% and at its lowest point since September 2017. The.

U.S. long-term mortgage rates fall; 30-year average at 3.82% June 6, 2019 detroitnews Leave a Comment Associated Press Published 12:06 PM EDT Jun 6, 2019 Washington – U.S. long-term mortgage rates fell for the sixth consecutive week, with the key 30-year loan average running below 4% and at its lowest point since September 2017.

Mortgage. the more rates could rise, while weaker data and trade wars will lead to new long-term lows. Rates discussed refer to the most frequently-quoted, conforming, conventional 30yr fixed rate.

Mortgage rates were. Highest rates in more than 7 years in Oct/Nov. Lowest rates in more than 3 months as of mid December This is a bit of a crossroads. We may look back at Oct/Nov and see a.

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Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage dipped to 3.82% from 3.99% last week. By contrast, a year ago the benchmark rate stood at 4.54%.

US long-term mortgage rates fall; 30-year average at 3.82% June 6, 2019 admin Finance 0 U.S. long-term mortgage rates fell for the sixth consecutive week, with the key 30-year loan average running below 4% and at its lowest point since September 2017.

Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage dipped to 3.82% from 3.99% last week. By contrast, a year ago the benchmark rate stood at 4.54%. The average rate for 15-year, fixed-rate home loans declined this week to 3.28% from 3.46%.

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The declining rates have been a boon to potential purchasers in the spring home buying season, and the number of homeowners seizing the opportunity to refinance mortgages jumped this week. Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage dipped to 3.82% from 3.99% last week.

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Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage dipped to 3.82% from 3.99% last week. By contrast, a year ago the benchmark rate stood at 4.54%. The average rate for 15-year, fixed-rate home loans declined this week to 3.28% from 3.46%.