The summertime swoon in U.S. mortgage rates continues this week, with averages for home loans falling to yet another record low.
Rates began to inch downwards in June, falling 0.37 of a percentage point in 11 weeks in which the 30-year average either set or met a record low.
Three of the four loan types tracked by [...]
Mortgage rates at record low for 11th week is a post from: Mortgage Insider
The lowest mortgage rates in nearly 40 years could give the economy the boost it needs to get back on track for solid growth in the next year, Wells Fargo Bank’s chief financial officer said today.
Many experts think the dramatic drop in 30-year fixed-rate mortgages to 4.36% this week — the lowest since Freddie Mac [...]
Will 4% mortgage rates boost the economy? is a post from: Mortgage Insider
Interest rates for a home loan fell again this past week, the 10th straight week that mortgage rates were at or below record levels, according to the latest Freddie Mac survey.
This weeks average rates were:
Thirty-year fixed-rate loans: 4.36% with 0.7 of a point paid up front. That’s the lowest in records dating back to 1971. [...]
Mortgage rates still inchin’ downwards is a post from: Mortgage Insider
Uncertainty over a weak economy drove home loan interest rates to yet another record low, marking the ninth straight week in which mortgage averages were at or below the prior record, according to Freddie Mac’s weekly survey.
During the past week, interest rates averaged:
9 weeks of record lows
Date
Rate
06/24
4.69%
07/01
4.58%
07/08
4.57%
07/15
4.57%
07/22
4.56%
07/29
4.54%
08/05
4.49%
08/12
4.44%
08/19
4.42%
4.42% for a 30-year, fixed-rate loan in which borrowers [...]
Mortgage rates fall to new low — again is a post from: Mortgage Insider
Average mortgage rates were at or below the previous record low for an eighth consecutive week, according to Freddie Mac’s latest interest rate survey.
Here are U.S. averages for this week:
A 30-year fixed-rate mortgage: 4.44%, down from 4.49% last week. It’s the lowest average rate since the survey began in 1971 (see chart). Borrowers would pay [...]
Mortgage rates at historic low for an 8th week is a post from: Mortgage Insider
Interest rates for home loans fell to yet another record low this week — the seventh consecutive week in which rates either set a record low or held firm, according to Freddie Mac’s weekly survey.
The 15-year loan rate fell below 4%.
This week’s rates:
Thirty-year fixed rate loan with 0.7 point: 4.49%, the lowest in records dating [...]
Mortgage rates: How low can they go? is a post from: Mortgage Insider
The cost of home loans fell to a record low for a sixth week in a row, according to Freddie Mac’s weekly survey of interest rates.
The rate for a 30-year fixed-rate loan with an average 0.7 point was 4.54% for this week, the lowest interest rate in records dating back three decades, the survey showed.
Rates [...]
Mortgage rates hit 6th low in a row is a post from: Mortgage Insider
The downward plunge in U.S. mortgage rates continued this week, with interest on 30-year, fixed-rate loan hitting a record low for a third straight week. But rates may be leveling off, with 15-year loan rates increasing slightly this week.
According to mortgage giant Freddie Mac, this week’s rates:
Averaged 4.57% for a 30-year loan with an average [...]
Mortgage rates still dropping is a post from: Mortgage Insider
John Lennon’s “Imagine” was a top single back in 1971. So were Three Dog Night’s “Joy to the World” and Don McLean’s “American Pie.”
So did anyone imagine that 40 years later, home loan interest rates would fall to the floor?
A 30-year, fixed-rate mortgage averaged 4.58% with an average of 0.7 points in the week ending [...]
Mortgage rates hit another record low is a post from: Mortgage Insider
Interest rates on home loans fell to their lowest level on record, according to a survey by Freddie Mac. According to the mortgage giant’s press release:
Interest for a 30-year, fixed-rate mortgage averaged 4.69% in the week ending today, with a 0.7% of a point, Freddie Mac said. That’s the lowest rate in records dating back [...]
Mortgage rates fall to record lows is a post from: Mortgage Insider
