Mortgage Rates Fall for 6th Straight Day May 4 2016, 5:03PM Mortgage rates moved lower for the 6th day in a row today, bringing them in line with the best levels in more than a month.
Mortgage rates fell again last week and are again near record lows.According to Freddie Mac, the average rate for a 15-year fixed rate mortgage did achieve a record low of 2.61 percent as compared to 3.1 percent one year ago.The average rate for a 30-year fixed rate mortgage fell to 3.40 percent and near the record low of 3.31 percent.
Mortgage rates fall for the third straight week, approach 2017’s low. Published: Apr 6, 2017 10:00 a.m.
US long-term mortgage rates fall; 30-year average below 4% – U.S. long-term mortgage rates fell for the fifth consecutive week. afternoon for its fourth straight weekly loss and its. Lowest mortgage rates in a year and a half don’t impress homebuyers – Mortgage rates continued to fall sharply this week to the lowest level since August 2017.
WASHINGTON – Long-term U.S. mortgage rates climbed for the fifth straight week amid investors’ growing concern about inflation. Mortgage giant Freddie Mac said Thursday the average rate on 30.
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The five-year adjustable rate mortgage rate also fell, from 3.80 percent to 3.74 percent. Homebuyers are taking advantage. "Homebuyers have taken advantage of the recent moderation in rates, which led to a 4 percent increase in purchase applications last week," said Sam Khater, Freddie Mac’s chief economist.
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· This two-month mortgage rate forecast and mortgage market forecast is part of the HSH.com MarketTrends newsletter, published every week by HSH Associates. HSH.com is a leading consumer site for mortgage information.. the result of fading growth and inflation would see longer-term interest rates continuing to fall. Conversely, with the Fed.
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· For the fifth straight month, information compiled by Freddie Mac shows that mortgage rates continued to fall. As of April 2019, the 30-year FRM – Commitment rate, fell by thirteen basis points to 4.14 percent from 4.27 percent in March.
The NAR also said last year’s revamp of the U.S. tax code, which reduced the amount of mortgage interest payments. The government reported last week that permits to build single-family homes fell.
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