Freddie Mac reports dip in long-term mortgage rates, says 30-year average hit ‘lowest level’ since 2017

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Long-term mortgage rates hit lowest level since May 2013. the average rate for the popular 30-year. according to a Thursday report from federally controlled mortgage-buyer Freddie Mac.

Mortgage rates have steadily declined with the 30-year fixed-rate bottoming out to 3.82 percent, its lowest level since September 2017, according to the latest figures from Freddie Mac. Continue.

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Freddie Mac reports dip in long-term mortgage rates, says 30-year average hit lowest level’ since 2017 – Long-term mortgage rates took a dip this week and the news could sit well with U.S. homeowners and people considering. FHA 30-year, fixed-rate mortgage requires the payment of a mortgage insurance premium, usually for the life of the.

Mortgage Rates for Long-Term Loans Hit Record Low in 2017. This is according to the The Washington Post report yesterday, September 7. Average 30-year fixed rates dropped 0.04 on a week-over-week comparison, according to Freddie Mac. From 3.82 percent in the week prior, it is now at 3.78 percent low. It is also 0.52 percent down from 2017’s peak in March, at 4.3 percent.

McLEAN, VA — Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey SM (PMMS SM) in which the 30-year fixed-rate mortgage (frm) averaged 5.71 percent, with an average 0.7 point, for the week ending May 19, 2005, down from last week when it averaged 5.77 percent.Last year at this time, the 30-year FRM averaged 6.30 percent.

Freddie Mac reports dip in long-term mortgage rates, says 30-year average hit lowest level’ since 2017 – The 30-year figure, which stood at 3.99 percent. as there was an increase this week of people who opted to refinance their.

U.S. long-term mortgage rates fell sharply this week, with the benchmark 30-year loan touching its lowest level since November 2016. Financial markets around the globe have been whipsawed by anxiety over the U.S.-China trade war, sending investors fleeing from stocks to the safety of bonds and pushing

View the latest mortgage rates from the FHFA, MBA or Freddie Mac. – 30 Year Fixed Mortgage Rates. There was a dramatic drop in the average note rate for loans originated in July and the refi.

The average cash-out borrower withdrew $70,300 And speaking of rates, Black Knight points out that the 22-basis point drop in rates reported by Freddie Mac last week was the largest in a single month.