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World News Story: Long-Term Mortgage Rates Fall as 30-Year Average Hits 3.82%

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 · The 30-year fixed-rate mortgage. yields rise as prices fall. Read: 10-year Treasury yield hits. “The majority of our survey was completed prior to the surge in long-term interest rates.

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Rates discussed refer to the most frequently-quoted, conforming, conventional 30yr fixed rate for top tier borrowers among average to well-priced lenders. The rates generally assume little-to-no.

Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage dipped to 3.82% from 3.99% last week. By contrast, a year ago the benchmark rate stood at 4.54%. The average rate for 15-year, fixed-rate home loans declined this week to 3.28% from 3.46%.

WASHINGTON – U.S. long-term mortgage rates continued to fall this week, reaching their lowest. Mortgage buyer Freddie Mac said Thursday the average rate on the benchmark 30-year, fixed-rate.

U.S. long-term mortgage rates fell for the sixth consecutive week, with the key 30-year loan average running below 4% and at its lowest point since September 2017. The declining rates have been a.

Mortgage rates flat after swoon Amid trade unease, analysts split on which way they’ll go by Compiled by Democrat-Gazette staff from wire reports | June 14, 2019 at 1:45 a.m. 0 comments

Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage dipped to 3.82% from 3.99% last week. By contrast, a year ago the benchmark rate stood at 4.54%. The average rate for 15-year, fixed-rate home loans declined this week to 3.28% from 3.46%.

The 30-year rate has not been this low since January 24, 2008, when it averaged 5.48%. While long-term mortgage rates declined on average this week, they have increased modestly over the last few days.

Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage held steady from last week at 3.82 percent, its lowest point since September 2017. By contrast, a year ago the benchmark rate stood at 4.62 percent. The average rate for 15-year, fixed-rate home loans slipped this week to 3.26% from 3.28%.

WASHINGTON (AP) – U.S. long-term mortgage rates fell for the sixth consecutive week, with the key 30-year loan average running below 4% and at its lowest point since September 2017.