Freddie Mac: Mortgage rates low for spring homebuying season

By contrast, a year ago the rate stood at 4.55%. The average rate for 15-year, fixed-rate home loans slipped this week to 3.16% from 3.25%. The historically low levels marked by mortgage rates in this spring’s homebuying season have brought a surge in interest by prospective buyers and homeowners looking to refinance.

Mortgage Rates Higher in Afternoon, Lower Overall Mortgage Rate History: 1971 to Today. Homebuyers who have recently borrowed fixed-rate mortgages have benefited from interest rates at historical lows. After reaching a high of nearly 19% in 1981, mortgage rates have steadily declined and remained in the low single digits.

Freddie Mac: Mortgage rates hold steady, hinting at favorable spring homebuying season | 2019-02-28 By admin 4 months ago After falling for three consecutive weeks, mortgage interest rates remained virtually stagnant, according to the latest freddie mac primary mortgage Market Survey.

WASHINGTON (AP) – U.S. long-term mortgage rates fell this week. It was the seventh decline in the past nine weeks for the key 30-year, fixed-rate loan, which reached its lowest level since november 2016. mortgage buyer Freddie Mac said Thursday the average rate on the benchmark 30-year mortgage fell to 3.73% from 3.84% last week.

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U.S. long-term mortgage rates fell slightly this week, marking a fourth straight week of declines to lure prospective purchasers in the spring homebuying season. Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage slipped to 4.06% from 4.07% last week.

U.S. long-term mortgage rates rose moderately this week, remaining at historically low levels that can lure potential purchasers in the spring homebuying season. Mortgage buyer Freddie Mac said.

Freddie Mac Forecasts Continued Low Mortgage Rate Environment.. these low mortgage rates and higher incomes will help homebuyers on the affordability front this spring homebuying season.

 · U.S. long-term mortgage rates fell slightly this week, marking a third straight week of declines as a continued inducement to purchasers in the spring homebuying season. Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage eased to 4.07% from 4.10% last week.

Freddie Mac Forecasts Continued Low Mortgage Rate Environment .. these low mortgage rates and higher incomes will help homebuyers on the affordability front this spring homebuying season.

Mortgage buyer Freddie Mac said Thursday the average rate on the benchmark 30-year mortgage fell to 3.73% from 3.84% last week. By contrast, a year ago the rate stood at 4.55%.

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After hitting a 12-month low, mortgages have begun to edge upward, according to Freddie Mac’s most. It noted that lower rates have led to a rise in demand for mortgages, which could signal a strong.