World News Story: Long-Term Mortgage Rates Fall as 30-Year Average Hits 3.82%

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U.S. long-term mortgage rates fall; 30-year average at 3.82% June 6, 2019 detroitnews Leave a Comment Associated Press Published 12:06 PM EDT Jun 6, 2019 Washington – U.S. long-term mortgage rates fell for the sixth consecutive week, with the key 30-year loan average running below 4% and at its lowest point since September 2017.

U.S. long-term mortgage rates fell for the sixth consecutive week, with the key 30-year loan average running below 4% and at its lowest point since September 2017. mortgage buyer freddie Mac said.

Mortgage buyer Freddie Mac said Thursday the average rate on the key 30-year mortgage dipped to 3.75% from 3.81% last week. Those are historically low levels for the 30-year rate, which a year ago.

The declining rates have been a boon to potential purchasers in the spring home buying season, and the number of homeowners seizing the opportunity to refinance mortgages jumped this week. Mortgage buyer Freddie Mac says the average rate on the 30-year, fixed-rate mortgage dipped to 3.82% from 3.99% last week.

Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage dipped to 3.82% from 3.99% last week. By contrast, a year ago the benchmark rate stood at 4.54%. The average rate for 15-year, fixed-rate home loans declined this week to 3.28% from 3.46%.

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Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage dipped to 3.82% from 3.99% last week. By contrast, a year ago the benchmark rate stood at 4.54%. The average rate for 15-year, fixed-rate home loans declined this week to 3.28% from 3.46%.

NEW YORK (CNNMoney.com) — Interest rates on 30-year fixed rate mortgages rose. "However, over the first three weeks of 2009, the 30-year fixed-rate mortgage was an average 0.25 percentage points.

 · Currently, the longest-maturity bond in the U.S. is a 30-year Treasury note TMUBMUSD30Y, -0.28% with a yield of about 3.1%. The benchmark 10-year Treasury yield, TMUBMUSD10Y, -0.22% which helps set most mortgage rates, is at 2.4%. By comparison, the 2-year note has a yield of 1.1%.

The declining rates have been a boon to potential purchasers in the spring home buying season, and the number of homeowners seizing the opportunity to refinance mortgages jumped this week. Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage dipped to 3.82% from 3.99% last week.

US long-term mortgage rates fall sharply: 30-year at 3.60% Alleged victims of Jeffrey Epstein say he ‘will never face the consequences’ Alleged Dayton gunman showed signs of misogyny, mirroring a.

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