· The year has so far been a promising one for would-be home buyers. The seemingly unending rise in home prices started to slow and mortgage rates dipped to unexpected lows. Both were good news for.
Mortgage Rates hit Yet Another Low – 3.87% Posted on February 7, 2012 April 28, 2017 by Bayside Blog Team Mortgage rates hit a new low last week once again as the 30-year fixed averaged 3.87%, and the 15-year fixed fell to 3.14%.
Mortgage rates for a 30-year fixed-rate mortgage took another dip this week, setting a new low for 2017, Freddie Mac reported in its weekly mortgage market survey. "The 30-year mortgage rate fell 2 basis points to 3.88 percent this week," says Sean Becketti, Freddie Mac’s chief economist. "However, the majority of our survey was conducted prior to Tuesday’s sell off in the bond market, which drove Treasury yields higher. Mortgage rates may increase in next week’s survey if.
· U.S. homebuilding fell for a second straight month in June and permits dropped to a two-year low, suggesting the housing market continued to struggle despite declining mortgage rates.
The 30-year fixed mortgage rate hit a new low for 2017, according to the latest Freddie Mac Primary Mortgage Market Survey (PMMS). The 30-year fixed-rate mortgage (FRM) averaged 3.88 percent, down from last week when it averaged 3.90 percent. Nonetheless, it is higher than the 3.48 percent average from one year ago.
(MoneyWatch) Mortgage interest rates have hit record lows. That’s according to the most recent Freddie Mac survey of conforming mortgage rates released this week. Rates on the 30-year fixed-rate.
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Fixed mortgage remain a bargain at the start of the spring-buying season: The average rate on the 30-year mortgage dipped this week, while the 15-year loan fell to a new record low.
View data of the average interest rate, calculated weekly, of fixed-rate mortgages with a 30-year repayment term. 30-Year Fixed Rate Mortgage Average in the United States. Skip to main content.
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Mortgage rates moved decisively higher this week as the underlying bond market finally began shifting gears. After the Fed meeting in June, rates moved to the lowest levels in more than 2 years.