Mortgage Rate Articles

Mortgage Rates Nudge Slightly Lower This Week

Mortgage rates typically follow in the footsteps of the 10-year yield, which is why we saw rates move lower. Also of note this week was the Freddie mac primary mortgage market survey (PMMS). It showed that current mortgage rates moved lower for fourth time in the last five weeks.

Mortgage rates moved lower for a 2nd straight day. This helps undo virtually all of the damage done by the first 3 days of the week. In other words. are seeing today’s improvement in the form of.

Freddie Mac reported the following national averages with mortgage rates for the week ending July 18: 30-year fixed-rate mortgages: averaged 4.37 percent, with an average 0.7 point, dropping from last week’s 4.51 percent average. A year ago, 30-year rates averaged 3.53 percent.

Mortgage Rates Nudge Lower By. (PMMS), showing average fixed mortgage rates moving slightly lower from the previous week, remaining near their all-time record lows.. 15-year FRM this week. There’s a contradiction between the increasingly inverted yield curve and the revival in housing due to lower mortgage rates.

Mortgage rates see biggest single week drop since 2009 Bankrate: Mortgage Rates Nudge Higher, But Remain Near 7. – NEW YORK, June 22, 2017 /PRNewswire/ — Mortgage rates were slightly higher this week, as the benchmark 30-year fixed mortgage rate rose to 4.05 percent, according to Bankrate.com’s weekly.

Freddie Mac reported the following national averages with mortgage rates for the week ending July 18: 30-year fixed-rate mortgages: averaged 4.37 percent, with an average 0.7 point, dropping from last week’s 4.51 percent average.

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Mortgage rates trended slightly lower this week but are primed to return to multi-year highs following a late rally on encouraging jobs data. After rates soared to five-year highs in September, borrowers were offered a slight reprieve this week as inflation and manufacturing data releases failed to move the market and analysts continued to absorb the revamped North American trade pact.

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Mortgage rates nudge higher. The average rate on a 5-year adjustable rate mortgage increased twelve basis points to 3.86% (0.3 points) Here is what the Economic and Housing Research Group at Freddie Mac had to say about rates this week: "Mortgage rates were mostly unchanged, but did tick up for the first time since early June. The 10-year.

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 · For the week ended Thursday, the 30-year fixed-rate mortgage averaged 4.42%, compared with 4.46% a week earlier and 3.32% a year earlier.

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