The decline was led by a 5 percent drop-off in purchase applications to a nearly two-year low, followed by a 3 percent. increasing prices and rising mortgage rates. The rate on the 30-year.
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The benchmark 30-year fixed-rate mortgage fell this week to 3.79 percent from 3.85 percent, according to Bankrate’s weekly survey of large lenders. Although purchase applications rose 2 percent over the same week last year, Kan said, low mortgage rates haven’t led to a major boost in.
NEW YORK, March 14 (Reuters) – 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.
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The 30-year fixed rate mortgage held steady at 4.33%, its lowest level since January 2018. “Concerns over European economic growth and ongoing uncertainty about a trade war with China were some of the.
Mortgage buyer Freddie Mac says the rate on 30-year fixed-rate home loans declined to 4.08% this week from 4.10% last week. That brought the rate under its previous 2017 low of 4.09% reached on Jan. 19. The 30-year rate stood at 3.58% a year ago and averaged 3.65% in 2016, the lowest level in.
WASHINGTON (AP) – Long-term U.S. mortgage rates fell this week to the lowest level since May 2013, driven down by financial tumult in Europe. Mortgage giant Freddie Mac says.
The rate on 15-year fixed-rate mortgages eased to 3.17 percent from 3.21 percent. As in recent weeks, mortgage rates followed the yield on the key The fee for a 15-year loan also held steady at 0.6 point. The average rate on five-year adjustable-rate mortgages fell to 2.95 percent from 2.97.
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30 year mortgage rates just keep falling. This week, 30-year mortgage rates dipped to a new record, below 3.50 percent for the first time on records going.
Interest rates on U.S. 30-year, fixed-rate mortgages fell to a 10-month low in step with lower U.S. bond yields, prompted by concerns about weakening domestic growth and the Federal Reserve signaling it would pause with raising interest rates, Freddie Mac data released on Thursday showed.
WASHINGTON (Reuters) – 30-year mortgages fell for the third consecutive week, hitting another two year low, mortgage giant Freddie Mac said on Thursday. U.S. 30-year mortgage rates dropped to an average of 5.96 percent this week, their lowest level since the week ended September 29, 2005, when.