30-Year Mortgage Rates Fall to Two-Year Lows

30-Year Mortgage Rates Fall to Two-Year Lows

For 30-year mortgage rates, the drop has gone from 4.5 percent one year ago to about 3.8 percent as of Thursday. The rate is close to all-time lows, and may entice refinancing activity. Special: No. 1 Stock to Buy Right Now – This New Tech Could Fund Your Retirement; Most mortgages are eligible for refinancing, even those made as recently as 2018.

NEW YORK (CBS.MW)– It?s official: 30-year mortgage rates are at a two-year low, marking a trend that is likely to assure another banner year for housing sales and mortgage originations. Freddie Mac.

Average mortgage rates fall basis points to near two year low.. A year ago at this time, the 30-year fixed-rate mortgage averaged 4.54%. The 15-year fixed-rate mortgage averaged 3.28%, down from last week when it averaged 3.46%.

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As the United States’ trading relationships with China and Mexico face increasing uncertainty, the average rate for a 30-year fixed-rate mortgage has fallen to 3.82 percent — nearly a two-year low.

Homebuilders Gain as Mortgage Rates Fall to Two-Year Low Ankita Gupta.. 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.

US mortgage rates fall to 10-month low; 30-year 4.41 pct. on WTOP | WASHINGTON (AP) – U.S. long-term mortgage rates fell this week to a 10-month low, spurring on potential homebuyers for the.

Interest rates on U.S. 30-year, fixed-rate mortgages decreased to 13-month lows in step with lower bond yields due to worries about a slowing economy, solid investor demand for debt supply and.

The benchmark 30-year fixed-rate mortgage saw a slight uptick this week to 3.95 percent from 3.94 percent, according to Bankrate’s weekly survey of large lenders. The big news is the rate tumbled.

On July 10, 2019, according to Bankrate’s latest survey of the nation’s largest mortgage lenders, the benchmark 30-year fixed mortgage rate is 3.81 percent with an APR of 3.93 percent.

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.

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Rates for home loans were little-changed during a choppy week for financial markets, but hovered near their lowest in about.

The 30-year fixed-rate mortgage averaged 3.82% for the week ending June 6, 2019, down 17 basis points from 3.99% in the previous week, according to Freddie

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