The average rate on the 30-year fixed mortgage dropped near its all-time low this week, making home-buying and refinancing a bargain for those who can qualify. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan fell to 3.88 percent from 3.98 percent.
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WASHINGTON – Long-term U.S. mortgage rates were unchanged to lower this week, as the benchmark 30-year rate reached a new low for the year. 30-year mortgage at 3.88%, a 2017 low | Business.
Both the 10-year yield and mortgage rates touched 2017 lows this week, meaning that they have a long ways to climb before they get anywhere close to 2017 highs. The Freddie Mac Primary Mortgage Market on Thursday (which collected its data right before the bond sell-off) had the average rate on a 30-year fixed rate mortgage (0.5 point) at 3.88%.
The Commerce Department report on Wednesday also showed housing completions at a six-month low and a modest increase in the. GDP growth in the second half of the year." The 30-year fixed mortgage.
Average 30 Year Fixed Mortgage Rates. Aug 23 2018 4.62% : (–) +0.00 3.95% 0.67 Aug 22 2018 4.62% : (–) -0.01 3.94% 0.68 Aug 21 2018 4.63% : (–) +0.00 3.94% 0.69 Aug 20 2018 4.63% : (–) -0.01 3.94% 0.69 Aug 17 2018 4.64% : (–) +0.00 3.96% 0.68 aug 16 2018 4.64% : (–) +0.00 3.98% 0.66 aug 15 2018 4.64% :.
mortgage rates hit Yet Another Low – 3.87% Posted on February 7, 2012 April 28, 2017 by Bayside Blog Team Mortgage rates hit a new low last week once again as the 30-year fixed averaged 3.87%, and the 15-year fixed fell to 3.14%.
30-Year Mortgage Rates Hit 2017 Low: 3.88% Mortgage rates reach a new low for the year Long-term U.S. mortgage rates were unchanged to lower this week, as the benchmark 30-year rate reached a new low for the year.
Mortgage rates made yet another all-time low in this week’s mortgage survey report. 30 year mortgage rates are currently averaging 3.88%, an all-time record low and down from last week’s average 30 year mortgage rate of 3.89% according to Freddie Mac. 15 year conforming mortgage rates today are slightly higher this week averaging 3.17%, an increase from last week’s average 15 year mortgage.
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According to Freddie Mac’s latest Primary Mortgage Market Survey, the average 30-year fixed mortgage rate in the U.S. dropped to a new 2017 low in late June. Sean Becketti, chief economist of Freddie Mac said, "The 30-year mortgage rate fell 2 basis points to 3.88 percent this week.