Freddie Mac: Mortgage rates below 4% ten weeks straight

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The declining rates have been a boon to potential purchasers in the spring home buying season. 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.

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.

Mortgage rates held around 4% for the fifth straight week, according to data released thursday. freddie mac said the 30-year fixed-rate mortgage averaged 4.02% for the week ending May 18, down.

Mortgage rates hit yet another new record, with rates on 30-year fixed loans falling below 4% for the first time in history, according to Freddie Mac.

Mortgage rates slumped to a nearly two-year low for the week ending June 6, opening doors for refinancing. Freddie Mac’s Primary Mortgage Market Survey (PMMS) showed that the 30-year fixed-rate.

Similarly, the rate on the 30-year fixed mortgage rate is down more than one percentage point, to 3.75% last week, according.

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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.

NEWS SUMMARY – From Freddie Mac’s weekly survey, the average 30-year fixed loan matched its all-time record low of 3.91 and .8 point, down from last week’s 3.95 percent. The 15-year fixed.

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.

Interest rates on U.S. 30-year fixed-rate mortgages fell below 4% for the first time since January 2018 in step with declining U.S. bond yields due to growing trade tension between China and the.

Click to enlarge (Source: Freddie Mac) The 30-year fixed-rate mortgage averaged 3.85% for the week ending Oct. 1, down from last week when it averaged 3.86%.. Mortgage rates below 4% ten weeks.

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.