Fixed mortgage rates hit 50-year lows: Freddie Mac

Freddie Mac and Your Mortgage Mortgage rates hit a 3-month low with home buyers biding their time – The 30-year fixed-rate mortgage averaged 4.62% in the December 20 week, mortgage liquidity provider Freddie Mac said Thursday. That was down just one basis point, but it marked the eight consecutive.

30-year fixed rates dropped 0.04% on a week-over-week comparison, according to Freddie Mac. Mortgage rates for 15-year fixed-rate loans, now at 3.08%. Mortgage Rates for long-term loans hit Record Low in 2017. October 3, 2017 By CHamler .

U.S. 30-year mortgage rates hit 3-month low – Freddie Mac. 1 Min Read.. Interest rates on U.S. 30-year, fixed-rate mortgages decreased to their lowest levels since mid-September in line with.

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Mortgage rates change frequently and over the last 45 years they have ranged from a high of 18.63% to a low of 3.31%. While it’s not likely that the average 30-year fixed mortgage rate will return to the all-time record low of 3.13%, average rates are still low compared to almost any year since 1971 – all to the advantage of today’s.

Mortgage Rates Hit Lowest Levels in More Than a Year.. but with continued low rates this could turn around in the second half of the year.". Freddie Mac reports that 30-year fixed-rate.

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The average interest rate on 15-year mortgages fell 0.05 percentage point to 3.71 percent, the lowest since the Feb. 1, 2018 week. U.S. 30-year, 15-year mortgage rates hit 13-month lows: freddie.

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5-Year Fixed-Rate Historic Tables HTML / excel weekly pmms survey Opinions, estimates, forecasts and other views contained in this document are those of Freddie Mac’s Economic & Housing Research group, do not necessarily represent the views of Freddie Mac or its management, should not be construed as indicating Freddie Mac’s business prospects.

NEW YORK (Reuters) – Interest rates on U.S. 30-year, 15-year fixed-rate mortgages fell to their lowest in over 13 months as bond yields have decreased on worries about a slowing economy and U.S.

Freddie Mac said rates on 5/1 ARMs, set at a fixed rate for five years and adjustable in each following year, was 3.54 percent, down from 3.56 percent last week, reaching the lowest level since.