Once again, the average for a 30-year-fixed-rate mortgage has either matched or hit a new record low, according to new data from Freddie Mac. The Primary Mortgage Market Survey showed a four basis point drop in the average 30-year-fixed-rate mortgage from 3.66 percent, to 3.62 percent.
Mortgage Rates Hit New Lows | MoneyCafe – Mortgage rates hit 19 month lows this week according to Freddie Mac’s Weekly Survey. The survey showed 30 year fixed-rates were down 13 basis points this week to 3.80%. These are the lowest levels of the year and the lowest since May 2013. The 15 year fixed-rate was down 11 basis points to 3.09% Ten Year Treasury Rate yields were at 2.20% this afternoon, up only up a couple of basis points.
Freddie Mac reports that all fixed- and adjustable-rate mortgage products covered in its regular market study hit all-time record lows for the week ending September 8th. The GSE now puts the average rate for a 30-year fixed mortgage at 4.12 percent (0.7 point), a drop of 10 basis points from 4.22 percent last week. As a point of reference,
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MCLEAN, Va., May 17, 2012 — Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS), showing average fixed mortgage rates again hitting new record lows.
Mortgage Rates Hold Ground at Multi Month Lows The number of U.S. borrowers seeking a home loan fell to a one-month low amid concerns about the growing trade tension between China and the United States and its impact on the economy, the Mortgage Bankers Association said on Wednesday.. Those worries have put downward pressure on home borrowing costs, which were not enough to rekindle interest for potential home buyers and current homeowners.
Fixed mortgage rates inched down again for the fourth consecutive week, bringing them to new lows in early 2015.. Averaging 3.63%, the 30-year fixed-rate mortgage is at its lowest level since the.
MBS RECAP: Underlying Stock/Bond Correction Still The Driving Force Nothing like some good, old-fashioned ‘stock lever’ to restore one’s faith in classic market paradigms. That’s the one where traders "sell stocks. increasingly moved into bonds as stock selling.Rising mortgage rates: Is now the time for ARM loans? The ARM loan may include an initial fixed-rate period that is typically 3 to 10 years. The interest rate then may change (adjust) each year thereafter once the initial fixed period ends. For example, with a 5/1 ARM loan for a 30-year term, your interest rate would be fixed for the initial 5 years.
· Mortgage Rates Hit New Lows While Job Market Strengthens By Kendall Taylor | Jul 11, 2017 For the first time in history, mortgage rates are at near historic lows as the U.S. job market is operating at full capacity.
Mortgage rates hit new lows after OCR cut. Tweet; Banks have made major cuts to floating and fixed rate mortgages following the Reserve Bank’s decision to cut the Official Cash Rate to a record low. Thursday, May 9th 2019, 7:53AM.
Mortgage Rates Hit Record Lows. Again. in Data, Government, Origination, Secondary Market, and ongoing problems overseas helped push mortgage rates to new record lows this week.
MBS: What REALLY Determines Your Mortgage Rates Interest Rate Estimate the interest rate on a new mortgage by checking Bankrate’s mortgage rate tables for your area. Once you have a projected rate (your real-life rate may be different depending.