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· According to Freddie Mac’s latest Primary Mortgage Market Survey, U.S. mortgage rates dropped across the board after rising slightly last week. U.S. Homeowner Vacancy Rates at Lowest Level Since 1981 According to the U.S. Census Bureau, the national vacancy rates in the second quarter 2019 were 6.8 percent for rental housing and 1.3 percent for homeowner housing.
Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall.
· (July 12): Gold prices rose on Friday and were on track to post a weekly gain, consolidating above $1,400 as renewed Sino-U.S. trade tensions amid global growth jitters and prospects of an interest rate cut by the U.S. federal reserve stoked safe-haven demand. Spot gold was up 0.2% at $1,406.44 per ounce as of 0544 GMT.
· U.S. Treasury yields, which move inversely to prices, broadly declined Friday, with the yield on the 10-year note dipping below that of the shorter-term 3-month bill for the first time since 2007 during intraday trading. Buying into Treasurys on the longer end of the curve sent the yield on the benchmark 10-year note as low as 2.416%.
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Mortgage Rates Slightly Higher After Yesterday’s Big Drop May 30 2018, 5:36PM Mortgage rates were somewhat higher today as politicians struck a more conciliatory tone in Italy.
TOKYO (AP) – Asian shares were mixed Friday as turbulence continued on global markets amid ongoing worries about U.S.-China .
Average long-term U.S. mortgage rates eased slightly this week, continuing at low levels that. as pending sales slumped amid broader concerns about the U.S. stock market and global economy. Signed.
Bankrate: Mortgage Rates Drop to 2017 Lows Mortgage rates fell the lowest levels of the year, with the benchmark 30-year fixed mortgage rate now 4.16 percent, according to Bankrate.com’s weekly national survey. The 30-year fixed mortgage has an average of 0.28 discount and origination points.
According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage in the U.S. dropped 10 basis points to 4.31 percent. Sam Khater, Freddie Mac’s chief economist, says, "Mortgage rates declined decisively this week amid various market reports, a strong bond auction and further uncertainty around the Brexit deal.