Home Mortgage News economic volatility drives average mortgage rates below 4%. Mortgage News;. Mortgage rates fell last week, but not as far as expected, Matthew Speakman, an economic analyst at Zillow, said when that company released its rate tracker..
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CHICAGO (MarketWatch) – Rates on 30-year fixed-rate mortgages fell back below 4% this week, after weaker housing economic indicators were released, Freddie Mac’s chief economist said on Thursday.
Mortgage rates sink below 4% as the trade war slaps markets. below a key threshold, as global economic concerns rocked markets. The 30-year fixed-rate mortgage averaged 3.99% in the May 30 week.
Fed’s Williams Says Bias in U.S. Economy Is Holding Back Growth. Mortgage rates rose to the week’s highest levels yesterday, but they moved back down today .. Mortgage News Daily has.
Mortgage Rates Slide Below 4% as the Trade War Buffets Markets OlegAlbinsky/iStock The 30-year fixed-rate mortgage averaged 3.99% in the May 30 week, down from 4.06%, Freddie Mac said Thursday. That marked a 16-month low for the popular product, which has eked out a weekly rise only six times so far in 2019.
16 hours ago.. below' the 2% target, and that continued weakness in inflation could to. As for the impact of a Fed rate cut on mortgage interest rates, according to the newest data from Freddie Mac, rates are currently holding steady below 4%, in mortgage rates reflects modestly improving U.S. economic data and a.
For the first time since January 2018, the 30-year fixed-rate mortgage has dropped below 4%. "While economic data points to continued strength, financial sentiment is weakening with the spread between the 10-year and the 3-month Treasury bill narrowing as fears of the impact of the trade war with China grow," says Sam Khater, Freddie Mac’s chief economist.
Yet it would still mark a big comedown from growth rates of 3.4% in the third quarter and 4.2% in the second quarter – the best back-to-back performance since. owing to high prices and a surge in.
Are Mortgage Rates Really Under 4.00%?. Bonds improved somewhat after weak economic data in china.. mortgage news daily has established itself as a leader in housing news, analysis and data..
NEW YORK (Reuters) – 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.