U.S Mortgages – Up 4-Weeks in a Row, a 5th Looking a Stretch Up for a 4th week in a row, rates may head south in the week ahead, Trump likely to ruffle the UN’s feathers and trade talk in Focus.
Fixed mortgage rates didn’t go down much, but they did go down for the fourth week in a row. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped to 4.06 percent with an average 0.5 point. (Points are fees paid to a lender equal to 1 percent of
Rates on 15-year fixed mortgages set a new record for the second week in a row, falling to 3.5%, down from 3.54% last week. "It’s a crazy time," said Doug Lebda, the CEO of online lending exchange.
Mortgage rates have moved higher for the fourth week in a row, but don’t get the wrong idea. The average rate on 30-year fixed-rate mortgages has risen to 4.20%, from last week’s 4.17%, reports.
Fixed mortgage rates continue their slide, falling for the fourth week in a row Washington Post, May 22, 2019 "Pending clear direction on the trade dispute between the United States and China, interest rates will likely be directionless," said Robert Johnson, professor of finance at Creighton University.
Mortgage rates spiked higher leading into this week’s Federal Reserve meeting, climbing for the third week in a row and the fourth time in the past five, rising to multi-year highs. The benchmark.
Mortgage rates fell for the fourth week in a row as long-term bond yields continued their extended slide. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average.
Mortgage rates declined for the fourth week in a row, falling to their lowest levels of the year. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average.
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At the current average 30-year fixed mortgage rate of 4.04 percent, the monthly payment for a $200,000 loan is $959.45. SURVEY RESULTS 30-year fixed: 4.04% — down from 4.09% last week (avg.
The 10 year Treausury, which serves as a benchmark for 30 year mortgage rates, fell from 2.83% last week to 2.62% this week. Many economists are predicting that rates could fall to 2% or under. If that happens, rates on 30 year and 15 year mortgages would continue to drop. Fifteen-year mortgages could fall into the low 3% range.
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