Freddie Mac reports dip in long-term mortgage rates, says 30-year average hit ‘lowest level’ since 2017


  1. 15-year frm held steady
  2. Long-term mortgage rates
  3. Average hit lowest
  4. 30-year fixed-rate mortgage rate fell
  5. Mortgage buyer freddie mac

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 · Thirty-year mortgage rates, the agency says, will be around 3.6% in the first half of 2017, rising only to 3.7% by year’s end. Rates in 2018 will be just ten basis points (0.10%) higher than that.

More mortgage borrowers now have incentive to refinance When (and when not) to refinance your mortgage. Refinancing a mortgage means paying off an existing loan and replacing it with a new one. There are many reasons why homeowners refinance: the opportunity to obtain a lower interest rate; the chance to shorten the term of their mortgage; the desire to convert from an adjustable-rate mortgage (arm).

Click to Enlarge. (Source: Freddie Mac) The 30-year fixed-rate mortgage dropped to 3.86% for the week ending August 24, 2017. This is down from last week’s 3.89% but up from 3.43% last year. The 15-year frm held steady at 3.16%, an increase from last year’s 2.74%.

Mortgage Rates for Long-Term Loans Hit Record Low in 2017. This is according to the The Washington Post report yesterday, September 7. Average 30-year fixed rates dropped 0.04 on a week-over-week comparison, according to Freddie Mac. From 3.82 percent in the week prior, it is now at 3.78 percent low. It is also 0.52 percent down from 2017’s peak in March, at 4.3 percent.

Interest rates on U.S. 30-year mortgages broke above 4 percent this week, rising to their highest in two months in step with the recent rise in U.S. Treasury yields, Freddie Mac said on Thursday.

 · Mortgage rates sank to their lowest levels of the year this week but remain well above where they were six months ago. According to the latest data released Thursday by Freddie Mac, the 30-year.

Current mortgage rates are 4.25% for a 30-year fixed mortgage, 3.77% for a 15-year fixed. Freddie Mac reports dip in long-term mortgage rates, says 30-year average hit lowest level’ since 2017 – Long-term mortgage rates took a dip this week and the news could sit well with U.S. homeowners and people considering.

Mortgage rates have steadily declined with the 30-year fixed-rate bottoming out to 3.82 percent, its lowest level since September 2017, according to the latest figures from Freddie Mac. Continue.

30-Year Fixed Rate Mortgage Rate Nears Two-Year Low. freddie mac today released the results of its Primary Mortgage Market Survey ® (PMMS ® ), showing that the 30-year fixed-rate mortgage rate fell to 3.82 percent, the sixth consecutive weekly decline and its lowest level since September. Long-term mortgage rates took a dip this week and.

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 · mortgage buyer freddie mac said Thursday the average rate on the 30-year, fixed-rate mortgage held steady from last week at 3.82 percent, its lowest point since September 2017.

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