Freddie Mac: Mortgage rates below 4% ten weeks straight

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 · mortgage buyer freddie Mac said Thursday that the average rate on the 30-year, fixed-rate mortgage fell to 3.99% from 4.06% last week. It was the first time it ran below 4% since January 2018. By contrast, a year ago the benchmark rate stood at 4.56%. The average rate for 15-year, fixed-rate home loans declined this week to 3.46% from 3.51%.

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The declining rates have been a boon to potential purchasers in the spring home buying season. mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year, fixed-rate mortgage fell to 3.99% from 4.06% last week. It was the first time it ran below 4% since January 2018. By contrast, a year ago the benchmark rate stood at 4.56%.

Interest rates on U.S. 30-year fixed-rate mortgages fell below 4% for the first time since January 2018 in step with declining U.S. bond yields due to growing trade tension between China and the.

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Fixed mortgage rates increase for the fourth week in a row. The 30-year fixed-rate average climbed to 4.20 percent but still remained below where it. According to the latest data released thursday by Freddie Mac, the 30-year. levels for 10 straight weeks,” said Bob Broeksmit, MBA president and CEO.

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US long-term mortgage rates fall; 30-year average below 4%. – Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year, fixed-rate mortgage fell to 3.99% from 4.06% last week. It was the first time it ran below 4% since January 2018. By.

The downward trend in mortgage rates continued for the sixth consecutive week amid ongoing market volatility. As a result, the average 30-year fixed is now hovering just above its 2015 low of 3.59%.

Mortgage Rates Rise for Ninth Straight Week – Mortgage rates are rising still, with the average, 30-year, fixed rate up for the ninth straight week, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®). The 30-year, fixed.

according to Freddie Mac’s weekly survey of conforming mortgage rates. “Average 30-year conventional fixed mortgage rates fell below 4% for the first time in history this week, following a sharp drop.

Interest rates on U.S. 30-year fixed-rate mortgages fell below 4% for the first time since January 2018 in step with declining U.S. bond yields due to growing trade tension between China and the.

Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage fell to 4.10% from 4.14% last week. By contrast, a year ago the benchmark rate stood at 4.55%.

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