Mortgage rates drop to lowest level since 2013

 · Consumer Sentiment in U.S. Falls to Lowest Level Since April. The median estimate in a Bloomberg survey called for a drop to 78, after a preliminary reading of 76.8. higher mortgage rates that threaten to slow momentum in the housing market may be making Americans less sanguine about the economic outlook.

Mortgage interest rates fell again this week to their lowest level since June, but they have likely leveled off. year adjustable mortgage dipped to 3.03% from 3.07%. The latest drop in rates came.

 · WASHINGTON (AP) – Rates on 30-year mortgages plunged this week to the lowest level since January after the government launched a sweeping new effort to aid the U.S. housing market. Mortgage.

 · Mortgage rates plunge to their lowest level in three months. its lowest level since September. (J. Lawler Duggan for The Washington Post) By Kathy. a drop.

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"In addition, the University of Michigan reported their Consumer Sentiment Index dropped 6.3 points in April to settle at 72.3, its lowest level since July.

Mortgage rates tracked a sharp drop in yields last week for the benchmark 10-year. been below 4 percent since the start of the year and is approaching the lowest level since 2013. It reached a. Mortgage Rates Drop to Lowest Levels in More Than a Week Apr 24 2019, 4:39PM Mortgage rates moved lower at their best pace in several weeks today, with the average lender making it back to levels.

June 27 (Reuters) – Interest rates on U.S. 30-year fixed-rate mortgages declined to their lowest levels since November 2016 as U.S. bond. economic data continues to dominate the news, the drop in.

On the back of "underwhelming" economic news, the average rate for the popular 30-year fixed-rate mortgage just dropped to 3.89%, the lowest reading since May 2013, according to a Thursday.

The #1 shared article for mortgages over the last week is The Wall Street Journal’s post from october 15th: mortgage rates fall To Lowest Level Since June 2013. Mortgage rates hitting a 16-month low last week is causing a stir, at least in social media. Declining interest rates present another good opportunity to buy a home, or refinance a.

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The 30-year fixed rate hasn’t been this high since August 2013. The 15-year fixed-rate. The refinance share of mortgage activity accounted for 37.2 percent of all applications, its lowest level.