Freddie Mac: Mortgage rates below 4% ten weeks straight

Freddie Mac: Mortgage rates below 4% ten weeks straight Brena Swanson is formerly the Digital Reporter for HousingWire. Brena joined the HousingWire news team in February 2013, also serving in the.

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WASHINGTON (AP) – Fixed U.S. mortgage rates rose for the sixth straight week, putting the average rate on the 30-year loan just shy of 4%. Mortgage buyer Freddie Mac said Thursday that. 15-year.

Mortgage rates improved over the course of the past week, and are now at levels not seen since June of 2013, according to Freddie Mac’s Primary Mortgage Market Survey.. The average rate on a 30-year fixed-rate mortgage fell to 3.97%, down from 4.12% last week.

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Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year, fixed-rate mortgage fell to 3.99% from 4.06% last week. It was the first time it ran below 4% since January 2018. By contrast, a year ago the benchmark rate stood at 4.56%. The average rate for 15-year, fixed-rate home loans declined this week to 3.46% from 3.51%.

CHICAGO (MarketWatch) – Average rates on 30-year fixed-rate mortgages fell below 4% this week, averaging 3.94% to notch another record, according to Freddie Mac’s weekly survey of conforming.

Mortgage Rates Have Dropped Below 4%. For the first time in more than 40 years, data from Freddie Mac’s weekly Primary Mortgage Market Survey shows the average 30-year fixed rate mortgage falling below 4 percent, dropping to 3.94 percent nationwide.It’s the lowest average 30-year fixed reading in the survey’s history.

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WASHINGTON (AP) – Fixed mortgage rates have dropped for an eighth straight week, but the low rates have done little to boost the depressed housing market. The average rate on the 30-year loan fell to.

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Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year, fixed-rate mortgage fell to 3.99% from 4.06% last week. It was the first time it ran below 4% since January 2018. By.

After falling for eight straight weeks. Sean Becketti, Freddie Mac chief economist, said in a statement. “Our mortgage rate survey captured the impact of this temporary increase in yield, and the.

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WASHINGTON (AP) – U.S. long-term mortgage rates fell for the sixth consecutive week, with the key 30-year loan average running below 4% and at its lowest. It slipped further to 2.10% around midday.