Mortgage rates hold steady

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Rates continue to bounce in a narrow range, as predicted. So far this year the benchmark 30-year fixed-rate mortgage has averaged 4.30%, compared with 3.99% throughout 2017 and 3.65% in 2016 – the lowest full-year average on record. But Jones thinks his business will hold up. In the booming Dallas metro area where he lives,

MCLEAN, Va., June 13, 2019 (GLOBE NEWSWIRE) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing that the 30-year fixed-rate mortgage.

 · 30-year fixed-rate mortgage averages 4.94% for week ending Nov. 15, unchanged from the previous week, according to Freddie Mac’s Primary Mortgage Survey. "The stability in mortgage rates.

 · - 30-year fixed-rate mortgage (FRM) averaged 3.82 percent with an average 0.6 point for the week ending June 13, 2019, unchanged from last week. A year ago at this time, the 30-year FRM averaged 4.62 percent.

"Mortgage rates were flat this week, holding steady near their lowest levels in more than a month but still up sharply from a year ago," said Aaron Terrazas, senior economist at Zillow.

 · Some good news today: The slow but steady increase in mortgage rates many expected following the Federal Reserve’s recent 0.25% bump in its benchmark rate has failed to materialize. After an across-the-board bump in rates yesterday, mortgages stayed the course on Thursday. In fact, the shorter-term rates actually eased a touch.

 · Posted To: Mortgage rate watch mortgage rates were little-changed today after rising somewhat quickly over the past 4 business days. This leaves them right on.

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 · Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide.

Home selling activity enjoyed a new spark of upward motion as mortgage rates maintained a consistent level, according to the latest housing data. Redfin reports May’s home-sale prices were up 3.6.

says Mortgage Broker News. Whether the BoC will raise or lower the prime rate in the face of economic uncertainty has recently been much debated. BCREA said it expected the BoC would continue to hold.

Multifamily housing bubble may be in the future Zillow: Housing slowdown likely to pass as second wave of Millennials enter housing market 3.11 million first-time buyers are projected to enter the market by 2028 May 6, 2019

30-year fixed-rate mortgage (FRM) averaged 3.82 percent with an average 0.6 point for the week ending June 13, 2019, unchanged from last week. A year ago at this time, the 30-year FRM averaged 4.