Mortgage Rates Drop to 9-Month Lows

Mortgage Rates Drop to 9-Month Lows

Applications for new mortgage loans slipped last week even as loan rates on the popular 30-year fixed rate mortgage dipped to a nine-month low. Mortgage Loan Rates Dip to 9-Month Lows Home

Rates for the 30-year fixed-rate mortgage averaged 4.45% with an average 0.5 point, down from 4.51%. The mortgage averaged 3.99% in the same period last year.

Mortgage rates experienced the biggest one-week drop in nearly four years after stock market volatility rattled investors. According to the latest data released Thursday by Freddie Mac, the 30-year.

 · U.S. Mortgage Rates Drop to Five-Month Low With 30-Year at 3.97%. The average rate for a 30-year fixed mortgage was 3.97 percent, down from 4.08 percent last week and the lowest since November, Freddie Mac said in a statement Thursday. The average 15-year rate decreased to 3.23 percent from 3.34 percent, the McLean, Virginia-based mortgage-finance company said.

Falling mortgage rates are expected. That marked a 36% drop from the same period a year earlier. “A confluence of many.

 · Average rate for a 30-year fixed mortgage loan dropped as low as 4.63%. Good news for home buyers in Washington who looking for a home loan. average rate for a 30-year fixed mortgage loan dropped as low as 4.63%.. And when treasury bond yields go down, mortgage rates tend to drop along with them. In a recent news report,’s.

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Mortgage Rates Drop to 2-Year Lows – Based on Freddie Mac reports, there have been 6 consecutive weekly declines for mortgage rates, leaving some borrowers wondering how low will they go. The 30-year fixed-rate mortgage averaged 3.82% recently, the lowest average since September 2017.

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First-time home buyers get a break with lower mortgage rates. Going back four months or so, most forecasts weren't expecting mortgage rates to drop as low as 4%. a month if your rate is 4.1% instead of 5.1% on a 30-year mortgage, to 1: 30 p.m. on April 9 at its offices at 2835 Bagley Street in Detroit.

Mortgage rates moved higher after remaining at around the same level for about. taking advantage of the multi-year low rates in droves, which is evident in the.

 · Mortgage rates drop to 10-month low By Washington Post on Feb 7, 2019 at 11:05 a.m. fixed mortgage rates sank to a 10-month low this week.

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