After 4 weeks of increases, mortgage rates finally recede nationwide.
Mortgage rates rose for the third straight week this week. Could this be the end of rock-bottom mortgage rates?
30-year fixed rate mortgage rates made new, all-time lows once again this week.
The national average 30-year fixed rate mortgage rate fell 5 basis points to 3.66% this week.
For the fifth consecutive week, conforming 30-year fixed rate mortgage rates have dropped to new all-time lows.
Conforming mortgage rates continue to drop.
As mortgage rates drop, so do housing payments. It’s a good time to consider refinancing your home, or making an offer on a new one. Mortgage payment affordability has never been so high in history.
Mortgage rates have troughed. Or, so it seems.
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.
According to Freddie Mac’s weekly Primary Mortgage Market Survey, the national, average 30-year fixed rate mortgage fell to 4.39% this week — the lowest 30-year fixed reading since November 18, 2010.