Mortgage Rates Continue to Hover Near Lows

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Lower mortgage rates are proving to be a boon for home shoppers this summer. The 30-year fixed-rate loan has stayed near a 3.8% average for the third consecutive week, after consistent declines in late spring.

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The figure has hovered around record-lows for five straight weeks. The public lending firm reported the rate on 30-year home loans grew slightly to 4 percent, up from 3.98 percent the week before, while the average 15-year mortgage rate was unchanged at 3.3 percent.

Mortgage Rates Continue To Hover Near Record Lows. (PMMS ), showing fixed mortgage rates moving slightly lower while continuing to remain near their all-time lows this week amid signs of a.

The 30-year fixed-rate mortgage continued to hover near historical lows this week, lowering borrowing costs for home buyers and refinancing homeowners. Freddie Mac reported that the 30-year fixed-rate mortgage averaged 3.60% this week, unchanged from last week’s average.

Additionally, mortgage rates continue to hover near historic lows (around 4 percent on a traditional 30-year mortgage), providing further.

A year ago, the rate averaged 4.54%, according to the Freddie Mac Primary Mortgage Market Survey. "Mortgage rates continued to hover near three-year lows and purchase application demand has.

Mortgage rates still hover near historical lows Mortgage rates still remain at low levels after weeks of relentless declines, according to the latest results of the Freddie Mac Primary Mortgage.

Mortgage rates were on the rise for just the 2nd week in the last 8.. on the rise, supported by a strong job market and the low mortgage rate environment.. S&P 500 Price Forecast – Stock markets continue to hover around.

30-year fixed-rate mortgage averaged 3.60 percent with an average 0.5 point for the week ending Aug 15, 2019, unchanged from last week. A year ago at this time, the 30-year FRM averaged 4.53 percent. 15-year FRM averaged 3.07 percent with an average 0.5 point, up from last week when it averaged 3.05 percent.

30-Year Fixed Mortgage Rate Dips to 4.08 Percent, Lowest Rate in 13 Weeks Mortgage rates for 30-year fixed mortgages fell over the past week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.08 percent, down from 4.16 percent at this same time last week.

Interest rates for home loans remained near 3-year lows this week, while coincidentally, mortgage applications experienced a jump. Are consumers finally taking advantage of historically low rates?