Mortgage Rates Even Closer to Long-Term Lows
Mortgage. rates) will be watching economic data closely, both at home and abroad, as well as trade-related concerns. The stronger the data and trade relations, the more rates could rise, while.
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U.S. long-term mortgage. rates, is struggling to produce inflation of roughly 2%. Too-low inflation is viewed as an obstacle because it tends to weaken consumer spending, the economy’s main fuel,
Mortgage rates were. bonds allowed lenders to keep rates roughly unchanged and–in some cases–slightly lower. All this having been said, the general trend in rates has been slightly higher ever.
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WASHINGTON – Long-term U.S. mortgage rates rose this week, lifting from their 2016 lows but remaining historically low during the spring home-buying season. Mortgage buyer Freddie Mac said.
Mortgage rates improved. Doesn’t mean rates won’t go back up, because they will, just thinking it won’t be soon. -Ted Rood, Senior Originator In the biggest of pictures, "global growth concerns".
Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year mortgage stood at 3.75%, the same as the previous week. Low interest US long-term mortgage rates little.
Mortgage Rates Even Closer to Long-Term Lows jan 12 2015, 4:06PM Mortgage rates fell modestly again today, bringing them as close to last Tuesday’s 19-month lows as they’ve been, on average.
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To be fair, it’s been the broader bond market (which dictates mortgage rates, among other things) that’s been making the most stellar moves. Mortgages merely got pulled along for the ride. It’s.
Mortgage Rates Even Closer to All-Time Lows Jun 9 2016, 4:18PM Mortgage rates moved slightly lower today, bringing them to levels seen only one other time in the past 3 years.
Mortgage Rates Hit New Long-Term Lows, Then bounce jun 20 2019, 6:05PM Mortgage rates plunged today as the bond market extended its positive reaction to yesterday’s Fed announcement.
According to Freddie Mac, mortgage rates in January fell to 3.67%-incredibly low, but only 20% lower than they were in January 2014. This means rates can, at least in theory, fall another 10% to about 3.33%, which would be even lower than the lowest point in late 2012.