Mortgage rates plummet to new lows

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The average interest rate on 30-year, fixed-rate mortgages fell to 6.72 percent, down from 6.80 percent last week, according to the nationwide survey released yesterday by Freddie Mac, the.

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Another day, another low for mortgage rates. And, this time, it’s a global team effort. In Greece, leadership presented a plan to remain in the Eurozone that was met without enthusiasm. In China.

Mortgage interest rates plummeted to new lows this week as the economy felt the stings of European debt concerns and investors rushed to U.S. Treasurys, a scenario that pushed long-term yields lower.

Mortgage rates dropped to new all-time lows in the Mortgage Bankers Association’s Weekly Mortgage Application Survey. Since the MBA’s report mortgage rates todays have moved higher again as 10 year bond yields increased from a low of 1.43 percent on Friday to 1.65 percent yesterday. As a result current mortgage rates on 30 year loans are averaging 3.77 percent today, an increase from Friday’s.

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 · NEW YORK, NY – Mortgage rates fell to record lows again this week, with the average conforming 30-year fixed mortgage rate now 4.45 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.32 discount and origination points.

Mortgage rates hit new record lows this year following President Trump’s remarks over at The Wall Street Journal. His views about the dollar and interest rates pushed bonds higher and the Treasury yield to its lowest level in 2017. Bond prices drive mortgage rates, which follow the movement of Treasury yields. Get quotes from lenders. The Background

 · Mortgage rates fall. The benchmark 30-year fixed-rate mortgage fell this week to 3.95 percent from 3.97 percent, according to Bankrate’s weekly survey of.

Mortgage rates dropped convincingly today, bringing them to new long-term lows. The average lender hasn’t offered anything lower for more than a year (January 2018). The improvement came on a.

 · RATES SET NEW LOW: freddie mac said Thursday the average rate for 30-year fixed loans dropped to 4.57 percent this week, the lowest on records dating back to.

Mortgage rates dropped significantly this week according to Freddie Mac’s Weekly Survey. The survey showed 30 year fixed-rates were down 14 basis points this week to 3.73%, the lowest survey rate since May 2013. The 15 year fixed-rate was down 10 basis points to 3.05% Ten Year Treasury Rate yields were at 2.02% this afternoon, down 15 basis points since last Thursday.