Mortgage Rate Articles

Mortgage rates drop to lowest level since 2013

It’s the lowest 30-year rates have been since late May 2013 and a full three-quarters of a percent below what 30-year mortgages were averaging one year ago this week. The average on 15-year fixed-rate mortgages also fell this week to its lowest point over the same 20-month stretch, dropping to an average of 2.93 percent.

Mortgage Rates Drop to Lowest Levels in 2 Weeks May 23 2018, 3:36PM This week hadn’t been too traumatic for mortgage rates through yesterday afternoon, but neither had it been positive in any.

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 · Mortgage rates reach highest level in 2 years by Les Christie @CNNMoney July 11, 2013: 11:44 AM ET The 30-year mortgage rate rose to its highest level in nearly two years, according to mortgage.

The average rate on a 30-year fixed conforming mortgage reached 4.34 percent as recently as last week. According to Mortgage News Daily, that rate is down from 4.50 percent in the previous week. Perhaps even more importantly, prospective homeowners haven’t seen rates this low since November.

Mortgage rates reached a new low for 2014 this week at 3.89% for a 30-year fixed-rate mortgage. average weekly rates are now at their lowest level since May 30, 2013, according to the Primary.

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The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($453,100 or less) decreased to 4.96 percent, the lowest level since September, from 5.08 percent, with points increasing to 0.48 from 0.44 (including the origination fee) for loans with 20 percent down payments.

Rates on 30-year mortgages plunged this week to the lowest level since January after the government launched a sweeping new effort to aid the U.S. housing market. mortgage finance giant Freddie.

The benchmark 30-year fixed-rate mortgage saw a slight uptick this week to 3.95 percent from 3.94 percent, according to Bankrate’s weekly survey of large lenders. The big news is the rate tumbled.

Mortgage rates today, March 13, 2018, plus lock recommendations Current Home Mortgage Rates Comparison On May 27, 2019, according to Bankrate’s latest survey of the nation’s largest mortgage lenders, the benchmark 30-year fixed mortgage rate is 4.00.

Mortgage rates. levels, but if they start going sideways from here locking will be the safe play." -Manny Gomes, Branch Manager, Norcom Mortgage The prospect of the Fed reducing its asset purchases.

For fourth consecutive week, mortgage rates took a dip, as the 30-Year Fixed rates touched the lowest levels since June of last year. 15-Year Fixed rates touched the lowest levels since October 2013. The continued decline in mortgage rates is being attributed to less than stellar economic reports.

Mortgage rates today, August 6, 2018, plus lock recommendations Mortgage rates today, May 21 2018, plus lock recommendations Mortgage rates today, April 12, 2019, plus lock recommendations Show Me Today’s Rates (May 24, 2019) Mortgage rate methodology. The mortgage reports receives rates based on selected criteria from multiple lending partners each day. We arrive at an average rate.daily rate lock advisory. mortgage rates today, November 20, plus lock recommendations credit score ranges: excellent, good, fair, poor Fair credit, in the 630-689 range, gives you more options, but you’ll likely pay higher interest and will have a limited choice of credit cards. Good credit, in the 690-719 range, can give you.