30-year, fixed-rate mortgage finishes year near record lows

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30-year fixed-rate mortgage (FRM) averaged 3.95 percent with an average 0.7 point for the week ending December 29, 2011, up from last week when it averaged 3.91 percent. Last year at this time, the 30-year FRM averaged 4.86 percent.

 · Let’s say you take out a $250,000 mortgage loan. If it is a 10-year fixed-rate mortgage with an interest rate of 3%, you will pay $2,414.02 a month. This is a pretty steep payment plan, but, if you are currently renting in a major American city, it could be comparable with what you are currently paying each month.

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30-year fixed-rate mortgage (frm) averaged 3.43 percent with an average 0.6 point for the week ending August 25, 2016, unchanged from last week. A year ago at this time, the 30-year FRM averaged 3.84 percent. 15-year frm this week averaged 2.74 percent with an average 0.5 point, unchanged from last week.

Mortgage rates are still hovering around record lows for the average 15 and 30 year conventional fixed rate loan. While there was an increase from the low in 2016 of 3.85 percent, the average rate of growth is still manageable for the American homebuyer.

WASHINGTON (MarketWatch) — fixed mortgage rates are remaining near record lows, with the average rate on the 30-year fixed-rate mortgage ticking down to 4.10% in the week ending Oct. 27, compared.

Mortgage rates continued to decline in the latest Primary Mortgage Market Survey released by Freddi Mac this morning. 30 year mortgage rates are near record lows and are at the lowest level since May of 2009. 15 year mortgage rates have hit the lowest level ever since Freddie Mac’s records began in.

Mortgage Rate Record Lows Follow Mortgage rates dipped a marginal one-hundredth of one percent, averaging 4.56% on a 30 year fixed rate loan for the week, the lowest since records have been kept, according to Freddie Mac.

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30-year fixed-rate mortgage (FRM) averaged 3.94 percent with an average 0.8 point for the week ending December 15, 2011, down from the previous week when it averaged 3.99 percent.

The weekly mortgage rate reports released Thursday by Freddie Mac and Bankrate were mixed. But one thing was certain: the average rate for 30-year fixed-rate mortgages hit a new record low.

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15-Year Fixed-Rate Versus 30 Year Fixed-Rate Mortgage Comparisons | 2019 Mortgage rates sank to or near all-time lows this week as turmoil in financial markets had investors moving money into the relative safety of bonds and mortgage backed securities that fund most home.