Mortgage Rates Nudge Slightly Lower This Week

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30-year fixed-rate mortgage (FRM) averaged 3.43 percent with an average 0.5 point for the week ending August 18, 2016, down from last week when it averaged 3.45 percent. A year ago at this time, the 30-year FRM averaged 3.93 percent.

Mortgage. rates in the best territory since November 2016. For the average lender, this means top tier scenarios continue to see quotes in the high 3% range. Rates moved slightly lower today, while.

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Mortgage Rates Video Update April 2 2018 On Thursday, mortgage loan rates went to lows we haven’t seen in several months, but Friday brought with it slightly higher rates. Even so, best execution rates for 30-year fixed rate mortgages is still being reported in a range between 3.75% and 3.875.

Mortgage rates were slightly higher to start the new week, which is a pretty good outcome considering. Trade wars and weak economic reports are the sorts of things that help rates move lower. As.

However, this doesn’t influence our evaluations. Our opinions are our own. Mortgage rates edged slightly higher this week but remain well below 4% as the spring homebuying season hits prime time. And.

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Mortgage Rates were. absent in this trading week: a noticeable reaction to domestic economic data. Just as markets were getting over Draghi, stronger than expected domestic data put upward pressure.

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Mortgage Rates Nudge Slightly Lower This Week .. This week, "fixed mortgage rates fell as Federal Reserve Chairman Bernanke helped ease market concerns about the Fed reducing its bond purchases," says Frank Nothaft, vice president and chief economist, Freddie Mac.

"Borrowers have been less sensitive to low rates as many borrowers have either recently refinanced or are likely waiting for.

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.

 · In fact, the 30-year fixed-rate mortgage averaged 4.12% according to the survey, climbing from last week’s rate of 4.08%. Once again, this week’s rate is much lower than 2018’s rate of 4.42%.

The December 17 release of Freddie Mac’s Primary Mortgage Market Survey (pmms) results shows fixed mortgage rates ticking slightly higher for the second week in a row amid the Federal Reserve’s decision to raise short-term interest rates for the first time since 2006.