Mortgage Rates Drop Slightly

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Mortgage Rates Drop Slightly as Home Sales Heat Up. All of the housing news this week has been good-home sales are up for both resales and new.

 · 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 despite declining mortgage rates.

Mortgage rates declined modestly this week breaking a three-week string of increases, with the benchmark 30-year fixed mortgage rate slipping to 3.90 percent, according to Bankrate.com’s weekly.

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MCLEAN, Va., May 09, 2019– Freddie Mac today released the results of its Primary Mortgage Market Survey , showing that mortgage rates moderated.

Mortgage Rates Drop Slightly freddie mac sam khater, Freddie Mac’s chief economist, says, "Investors wary of the current economic situation due to ongoing trade disputes resorted to the bond market, causing the 10-year treasury yield to decrease.

Mortgage Rates Move Down Slightly Posted on April 23, 2015 by Inlanta Mortgage Freddie Mac released the results of its Primary Mortgage Market Survey (PMMS ) showing average fixed mortgage rates moving down slightly and remaining near their 2015 lows as the spring home buying season continues.

Today’s Mortgage Rates. Last week the Fed announced another rate hike of .25%. As of today interest rates are at the lowest they have been since September at 4.75%, but that is going to change in the coming weeks. While rates may be on the rise, they are still quite low compared to average rates over the past 30 years. Mortgage Rates

“The 2019 housing market is different than what we predicted in fall 2018, primarily due to an unexpected drop. albeit slightly. In its initial 2019 forecast released late last year, the firm.

On July 19, 2019, according to Bankrate’s latest survey of the nation’s largest mortgage lenders, the benchmark 30-year fixed mortgage rate is 3.84 percent with an APR of 3.96 percent.

Mortgage rates were down slightly this week according to Freddie Mac’s Weekly Survey. The survey showed 30 year fixed-rates were down 3 basis points to 4.20% this week. The 15 year fixed-rate was down 1 basis point to 3.36%. ten year treasury rate yields were at 2.51% this afternoon. They are down 12 basis points since last Thursday, with a steady decrease in the yield throughout the week.

With rates continuing to go up, mortgage applications fell 7.3% last week, led by an 11% drop in refinancings. is expecting 30-year rates to average 4.5% throughout 2019. That’s slightly below last.