Posted on

30-Year Mortgage Rates Fall to Two-Year Lows

Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year mortgage dropped to 3.60% from 3.75% last week. A year ago the rate stood at 4.59%. The average rate for 15-year, fixed-rate home loans tumbled to 3.05% from 3.20%.

Rates for a 30-year fixed mortgage struck 6.83 percent in October 1993, and the low rate prompted a huge wave in mortgage originations, worth at about $1 trillion that year. U.S. mortgage rates fell to a four-month low after a weaker-than-expected jobs report drove investors to the safety of the government bonds that guide borrowing costs.

The euro fell to a two-year low Friday as. of lower interest rates. The 10-year yield closed at 1.503% from 1.516%.

2 Things You Need to Know to Properly Price Your Home Home Loan Programs | Cary Mortgage Pros (Video Tips and Reviews) 2 Things You Need to Know to Properly Price Your Home 2 Things You Need to Know to Properly Price Your Home – The. – 2 Things You Need to Know to Properly Price Your Home – In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%). However, they are stilHere’s the current status of new drugs to fight ebola virus and what works best now – Experts will be meeting this week at the World Health Organization (WHO) to discuss the role of new drugs and vaccines to help control the Ebola epidemic in West Africa. Last month, the WHO said that.

Mortgage buyer Freddie Mac said Thursday the average rate on the key 30-year mortgage dipped to 3.75% U.S. long-term mortgage rates fell this week, edging toward three-year lows amid signals from Federal Reserve officials that they could cut their benchmark interest rate at their meeting next week.

2 Things You Need to Know to Properly Price Your Home 2 Things You Need to Know to Properly Price Your Home In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%). However, they are still are above historical norms.

WASHINGTON (AP) – U.S. long-term mortgage rates fell this week to a 12-month low, an enticement for prospective homebuyers in the upcoming season.Mortgage buyer Freddie Mac said Thursday the average rate on the benchmark 30-year, fixed-rate mortgage declined to 4.37 percent from 4.41 percent last week.

Jul 2, 2019 will introduce $0.07 dividends for investors in Meridian Bancorp Inc (NASDAQ:EBSB). | Finance Recorder Disclaimer: Under Florida law, email addresses are public records. If you do not want your email address released in response to a public-records request, do not send electronic mail to this entity.2 Things You Need to Know to Properly Price Your Home 2 Things You Need to Know to Properly Price Your Home. In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%).

WASHINGTON (AP) – U.S. long-term mortgage rates fell this week, edging toward three-year lows amid signals from Federal Reserve officials that they could cut their benchmark interest rate at their meeting next week. Mortgage buyer Freddie Mac said Thursday the average rate on the key 30-year mortgage dipped to 3.75% from 3.81% last week.

Interest only mortgage rates are commonly 1% higher than 30-year rates. The Best Time to Get a 30-year Mortgage. The best time to get a 30-year mortgage is when interest rates are low. Interest rates tend to fluctuate significantly over time. Recently average 30-year rates were below 4%, but prior to the recession were above 6% and were as high as 18.45% in October of 1981.

Per Freddie Mac’s latest Primary Mortgage Market Survey, the average U.S. 30-year fixed-rate mortgage for the week ended jun 6 declined 17 basis points (bps) to 3.82% from a week ago, marking the.

As mortgage rates dip below 4 percent, falling to nearly two-year lows, homebuyers are. the average rate for a 30-year fixed-rate mortgage has fallen to 3.82 percent. Compare today’s 30 year fixed mortgage rates from top mortgage lenders.