Mortgage Rates Fall as the Year Comes to a Close – ZING Blog by Quicken Loans

The monthly jobs report and a Federal Reserve rate decision were the primary focal points for the market last week. These and more in Market Update! Amazing Insights on Home, Money and Life

The average rate on a 30-year fixed mortgage with 0.4 points in fees was down 13 basis points to 4.81% last week, according to Freddie Mac. This is up from 3.92% a year ago. Looking at shorter terms, for a 15-year fixed-rate loan, the average was 4.24% with 0.5 points paid.

GDP Up, Stocks Get Spooked – Market Update – ZING Blog by Quicken Loans . Mortgage rates were down slightly last week after a recent upward trend. It remains a great time to lock in your rate just in case the Federal Reserve makes a move with the short-term funds rate this week.

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Mortgage Rates Drift Down to One Month Lows Mortgage Rates Drift Calmly Down to 3-Week Lows – Mortgage Rates Drift Calmly Down to 3-Week lows nov 6 2017, 5:08PM mortgage rates continued lower today, despite a blatant lack of underlying motivation in financial markets.

For a while it appeared both parties this year had succumbed to this opinion page-generated fantasy, but now one side, the Coalition, seems to have come to its senses. It’s closer to the truth to.

Mortgage Rates: Understanding the Risks Once you understand how mortgage rates work, it’s possible for you to use that knowledge to get the best possible rate – and save money on your home purchase. How mortgage rates are set. The first step to understanding mortgage rates is to know how they are set.

Mortgage Rates Continue to Fall – Market Update – ZING Blog by Quicken Loans Those in the market for a mortgage got a gift from the Federal Reserve last Wednesday. Unfortunately, the stock market wasn’t nearly so happy.

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Mortgage Rates Fall with the Stock Market – Market Update – ZING Blog by Quicken Loans Continuing tariff issues are starting to have engine knock-on effects, particularly in the eyes of investors as they move from stocks to bonds.

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Quicken’s Rocket Mortgage program provides purchase and refinance options that prioritize speed and convenience for the borrower -even if it doesn’t come with significant savings or lower rates. Despite conducting all of its mortgage lending through the web, Quicken Loans has climbed to the top of the US home loan industry in terms of both.

Mortgage rates today, February 22, plus lock recommendations Rates for home loans were mixed, but stayed near recent lows, even as bond market moves suggest another big step down lies ahead. The 30-year fixed-rate mortgage averaged 3.84% in the June 20 week, up two basis points, Freddie Mac said Thursday. Halfway through 2019, this is only the seventh week in which the popular product has increased. The 15-year fixed-rate mortgage averaged 3.25%,