30-Year Mortgage Rates Fall to Two-Year Lows

The 30-year fixed-rate mortgage averaged 3.82% for the week ending June 6, 2019, down 17 basis points from 3.99% in the previous week, according to Freddie

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Mortgage rates sink to 3-year low, but one third of borrowers are making this big mistake. as bond yields continue to fall.. The average rate on the popular 30-year fixed mortgage hit 3.70%.

. term mortgage rates fell this week to a 12-month low, an enticement for prospective homebuyers in the upcoming season. Mortgage buyer Freddie Mac said Thursday the average rate on the benchmark 30.

fixed-rate mortgages averaged 6.07 percent this week. That was down from 6.17 percent last week and was the lowest level for 30-year mortgages since the week of Dec. 6 when they fell to a two-year low.

WASHINGTON (AP) – U.S. long-term mortgage rates fell this week to a 12-month low, an enticement for prospective homebuyers in the upcoming season.mortgage buyer freddie mac said Thursday the average rate on the benchmark 30-year, fixed-rate mortgage declined to 4.37 percent from 4.41 percent last week.

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Interest rates on U.S. 30-year, fixed-rate mortgages fell to a 10-month low in step with lower U.S. bond yields, prompted by concerns about weakening domestic growth and the Federal Reserve. 30-year fixed-rate mortgage (frm) averaged 3.82 percent with an average 0.5 point for the week ending June 6, 2019, down from last week when it averaged 3.99 percent. A year ago at this time, the. The 30-year fixed rate mortgage held steady at 4.33%, its lowest level since January 2018. "Concerns over.

A home in Memorial Forest, where the median sales price is $1.07 million. As mortgage rates dip below 4 percent, falling to nearly two-year lows, homebuyers are likely to have lower monthly.

Homebuilders Gain as Mortgage Rates Fall to Two-Year Low.. Share. Per Freddie Mac’s latest primary mortgage market Survey, the average U.S. 30-year fixed-rate mortgage for the week ended Jun.

U.S. mortgage rates dropped for a second week, keeping borrowing costs at a four-month low as the Federal Reserve signaled that it would press on with its stimulus plan aimed at holding rates down..

Mortgages fall to two-year low – MarketWatch – Rates for a 30-year fixed mortgage struck 6.83 percent in October 1993, and the low rate prompted a huge wave in mortgage originations, worth at about $1 trillion that year. Mortgage rates fall to lowest level in nearly two years.