Mortgage Rate Articles

Mortgage rates drop to 16-month low

 · It’s more affordable to buy a house today as mortgage rates have dropped to a 16-month low. According to Freddie Mac, the 30-year fixed rate mortgage declined to 3.99%, and 3.46% for a fifteen-year fixed rate, both with an average half a point. This is the first time rates have dropped below 4% since January 2018.

That marked a 16-month low for the popular product, which has eked out a weekly rise only six times so far in 2019. The 15-year fixed-rate mortgage averaged 3.46%, down from 3.51%. The 5-year treasury-indexed hybrid adjustable-rate mortgage averaged 3.60%, down 8 basis points."

 · Current rock-bottom interest rates on fixed loans are no coincidence, considering that the yield on a five-year federal government bond dropped below 1.3% this month. If lenders can borrow funds from the bond market for as low as 1.3% and loan it out for twice that rate, they have every incentive to keep offering these deals, according to a CBC report.

Mortgage rates today, February 12, 2019, plus lock recommendations The data below the table are indicative of mortgage rates moving only moderately higher. However, other events might yet overtake that prediction. MORE: Check Today’s Rates from Top Lenders (July 1, 2019) program rate APR* Change Conventional 30 yr Fixed 4 4 Unchanged Conventional 15 yr Fixed 3.5 3.5 Unchanged Conventional 5 yr ARM.Mortgage Rates Thursday, March 16: Major Drop on Heels of Fed Hike Current Mortgage Rates Stay Down on Thursday.. The Richmond fed mfg index hit a 15 in March. Fedspeak .. The more notable shift for investors was the fact that the number of FOMC members that believed a more aggressive rate hike path will be necessary down the road increased.

Mortgage rates at 16-month low. Yahoo Finance Video May 31, 2019, 6:16 PM UTC. It’s more affordable to buy a house today as mortgage rates have dropped to a 16-month low.

The 30-year fixed-rate loan now at 4.37%. BUILDER Mortgage Rates Drop to 12-Month Low The 30-year fixed-rate loan now at 4.37%.

Fixed mortgage rates sank to a 10-month low this week amid uncertainty about the health of the economy. According to the latest data released thursday by Freddie Mac, the 30-year fixed-rate.

The average rate on the 30-year, fixed-rate mortgage fell to 3.99 percent from 4.06 percent last week.. 2019 Comments Off on US long-term mortgage rates fall to 16-month low.

The average rate for a five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) was 3.48%, down from 3.51% the previous week. A year ago at this time, the five-year ARM averaged 3.83%. “While.

Freddie Mac’s Home Possible Versus Fannie Mae’s HomeReady: Which Is Better? Mortgage rates today, December 6, plus lock recommendations Mortgage rates today, November 30, plus lock recommendations. mortgage rates today, November 30, plus lock recommendations. by Kevin / Sunday, November 6, 2017.. Great time to lock. Mortgage rates held steady last week and they’re on track to do the same this week. Given that rates are expected to rise over.Mortgage after bankruptcy: How soon can you buy a home? Mortgage After Bankruptcy | Buying a. – Peoples Bank Mortgage – Mortgage after bankruptcy is an obtainable goal, and we are dedicated to helping our client’s purchase or refinance a home after bankruptcy. If we can’t help a client immediately, we provide a path to success by working tirelessly with our borrowers to address the areas that are holding them back.With Fannie Mae’s HomeReady and Freddie Mac’s Home Possible, a 3% down payment – or what lenders refer to as 97% loan-to-value, or LTV – is available on so-called conventional loans. Conventional.

The latest mortgage-rate drop comes after the 10-year treasury yield hit its own 16-month low of 1.865% last week. It’s a second straight week of a sub-4% average 30-year mortgage yield, and it.

Mortgage rates today, January 31, plus lock recommendations Low rates and expert advice, FHA loans, VA loans, 15 / 30 yr mortgages, ARM loans, jumbo loans. 95% satisfaction customer rating!mortgage rates today, January 31, plus lock recommendations Mortgage rates today, March 21, 2019, plus lock. – Show Me Today’s Rates (March 21, 2019) mortgage rate methodology.

Mortgage Rates Plunge To 16 Month Low Mortgage Rates are the lowest they’ve been in over 1 year. Data released by Freddie Mac last Thursday indicates that the 30-year fixed rate average decreased to just under 4%.

 · Mortgage rates at 16-month low. Yahoo Finance Video May 31, 2019, 6:16 PM UTC. It’s more affordable to buy a house today as mortgage rates have dropped to a 16-month low.