Mortgage rates drop to 16-month low

The latest mortgage-rate drop comes after the 10-year Treasury yield hit its own 16-month low of 1.865% last week. It’s a second straight week of a sub-4% average 30-year mortgage yield, and it.

Mortgage Loan Rates at 16-Month Low on 30-Year Loans. By Paul Ausick (24/7 Wall St.) The Mortgage Bankers Association (MBA) released its report on mortgage applications Wednesday morning, noting a week-over-week increase of 10% in the group’s seasonally adjusted composite index for the week ending April 8.

Mortgage rates drop to 10-month low. By Washington Post on Feb 7, 2019 at 11:05 a.m. Fixed mortgage rates sank to a 10-month low this week amid uncertainty about the health of the economy.

"In January, pending contracts were up close to 5 percent, so this month’s 1 percent drop is not a significant concern," said Lawrence Yun, chief economist for the Realtors. "As a whole, these numbers.

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Mortgage rates reach 16-month low – wilx.com – Mortgage rates reach 16-month low. By NBC. The average rate for a 30-year fixed-rate mortgage is 4.6% according to Freddie Mac’s weekly mortgage survey. That’s a .88% drop from its recent peak.

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According to CoreLogic, measuring early-stage delinquency rates is important for analyzing the health of the mortgage market. ALSO READ: America’s Best States to Live In CoreLogic’s chief economist,

It’s more affordable to buy a house today as mortgage rates have dropped to a 16-month low. According to Freddie Mac, the 30-year fixed rate mortgage declined to 3.99%, and 3.46% for a fifteen-year fixed rate, both with an average half a point.This is the first time rates have dropped below 4% since January 2018.

What mortgage rate history can tell us about the future Interest rates are determined by three forces. The first is the Federal Reserve, which sets the fed funds rate.That affects short-term and variable interest rates.The second is investor demand for U.S. Treasury notes and bonds.That affects long-term and fixed interest rates.The third force is the banking industry.Mortgage rates today, December 27, plus lock recommendations The Bureau of Consumer Financial Protection is amending Regulation C to implement amendments to the Home Mortgage Disclosure Act made by section 1094 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). Consistent with section 1094 of.

According to Zillow, rates are currently at a 16 month low. mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgages at 3.81 percent, down from 3.96 percent at this same time last week.

Mortgage rates drop to 10-month low. By Washington Post on Feb 7, 2019 at 11:05 a.m. Fixed mortgage rates sank to a 10-month low this week amid uncertainty about the health of the economy.

Mortgage rate 16-month low, weekly survey.the average rate for a 30-year fixed-rate mortgage is 4.06 percent, an 18 percent drop from its recent peak in November. READ John Legend Turns into an EGOT Winner 2018The drop in interest rates could spur homebuying at the upper end of the market, said Freddie Mac in its recent [.]