30-Year Mortgage Rates Fall to Two-Year Lows

Homebuilders Gain as Mortgage Rates Fall to Two-Year Low.. Share. Per Freddie Mac’s latest Primary Mortgage Market Survey, the average U.S. 30-year fixed-rate mortgage for the week ended Jun.

Rates for home loans tumbled, sending the benchmark to its lowest since late 2016. The 30-year fixed-rate mortgage averaged 3.73% in the June 27 week, down 11 basis points, Freddie Mac said Thursday. The 15-year fixed-rate mortgage averaged 3.16%, down from 3.25%.

The average rate for a 30-year fixed-rate mortgage rate dropped below 4% for the first time since January 2018 this past week. For the week ended May 30, the average rate for a 30-year was 3.99%, down.

Per Freddie Mac’s latest Primary Mortgage Market Survey, the average U.S. 30-year fixed-rate mortgage for the week ended Jun 6 declined 17 basis points (bps) to 3.82% from a week ago, marking the.

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WASHINGTON (AP) – U.S. long-term mortgage rates fell this week to a 10-month low, spurring on potential homebuyers for the upcoming season. US mortgage rates fall to 10-month low; 30-year.

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30-year fixed-rate mortgage (frm) averaged 3.82 percent with an average 0.5 point for the week ending June 6, 2019, down from last week when it averaged 3.99 percent. A year ago at this time, the.

Mortgage rates continue their relentless decent down as average 30 year mortgage rates hit a new low for 2016. Average mortgage rates moved sharply lower the past several weeks, following 10 year U.S. Treasury yields lower. Current 30 year rates are a mere 12 basis points above the all-time record low set in the fourth quarter of 2012.

The 30-year fixed-rate average mortgage rate held steady this week, but the 15-year fixed-rate average fell to a new low, according to the latest data. rebounded in May by 5.9 percent to match a.

Mortgage rates fall to lowest level in nearly two years. As mortgage rates dip below 4 percent, falling to nearly two-year lows, homebuyers are. the average rate for a 30-year fixed-rate mortgage has fallen to 3.82 percent.

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