30-Year Mortgage Rates Fall to Two-Year Lows

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U.S. homebuilding fell for a second straight month in June and permits dropped to a two-year low, suggesting the housing market continued to struggle. The 30- year fixed mortgage rate has dropped to about 3.75% from a.

The 30-year fixed-rate average for this week is 1.17 percentage points below the 52-week high of 5.10 percent, and is identical to the 52-week low of 3.93 percent. The 30-year fixed mortgages in.

Mortgages fall to two-year low – MarketWatch – Rates for a 30-year fixed mortgage struck 6.83 percent in October 1993, and the low rate prompted a huge wave in mortgage originations, worth at about $1 trillion that year. Mortgage rates fall to lowest level in nearly two years.

Mortgage demand has been more than muted for the last several weeks, even as rates sit near two-year lows. Mortgage application volume fell 2.4% for the week last week, according to the Mortgage.

30-Year Fixed rate mortgage rate nears Two-Year Low – 30-Year Fixed Rate Mortgage Rate Nears Two-Year Low. says, "While the drop in mortgage rates is a good opportunity for consumers to save. average mortgage rates fall 17 basis points to near two-year.

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Interest rates on U.S. 30-year, fixed-rate mortgages fell to a 10-month low in step with lower U.S. bond yields, prompted by concerns about weakening domestic growth and the Federal reserve. 30-year fixed-rate mortgage (frm) averaged 3.82 percent with an average 0.5 point for the week ending June 6, 2019, down from last week when it averaged 3.99 percent. A year ago at this time, the. The 30-year fixed rate mortgage held steady at 4.33%, its lowest level since January 2018. "Concerns over.

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Mortgage rates fell again last week and the 30-year fixed mortgage is now near a 2-year low, according to data collected by Freddie Mac.

The 30 Year Mortgage Rate is the fixed interest rate that US home-buyers. the 30-year mortgage rate reached upwards of 18.6% in 1981 and went as low as.

While the average rate for a 30-year mortgage was unchanged over the past week, holding near a two-year low of 3.82 percent, Freddie Mac’s latest Mortgage Market Survey was conducted prior to yesterday’s meeting of the Federal Reserve, after which the yield on the 10-year Treasury, which drives mortgage rates, dropped under 2 percent for the first time since the fourth quarter of 2016 and is down over one full percentage point since the fourth quarter of last year.