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U.S. 30-year mortgage rate at 2-year high: 4.46 pct.
WASHINGTON — The average U.S. rate on a 30-year fixed mortgage surged this week to 4.46 percent, the highest in two years. The increase from a 3.93 percent average last week was the largest one-week jump in 26 years, according to a report Thursday from mortgage buyer Freddie Mac. And it shows the Federal Reserve’s […]
Robert Nusgart – European woes offer yet another chance to refinance
Thank you Greece. Thank you Spain. Thank you Portugal. Thank you for fueling the European debt debacle that continues to make the American bond market a haven for skittish investors looking for a “flight to safety” for their money. And when that happens, bond prices move up and yields move down and before you know […]
Average rate on 30-year mortgage dips to 3.88 percent
WASHINGTON — Fixed mortgage remain a bargain at the start of the spring-buying season: The average rate on the 30-year mortgage dipped last week, while the 15-year loan fell to a new record low. Mortgage buyer Freddie Mac says the rate on the 30-year loan ticked down to 3.88 percent, from 3.90 percent the previous […]
Rate on 30-year mortgage falls to record 3.87 percent
WASHINGTON — The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan dropped to 3.87 […]
Average 30-year mortgage rate a record 3.91 pct.
WASHINGTON — The average rate on the 30-year fixed mortgage fell to a record 3.91 percent this week, the third time this year that rates have hit new lows. Freddie Mac said Thursday that the average on the 30-year home loan fell from 3.94 percent the previous week. The 3.91 percent rate is the lowest […]
Rate on 30-year mortgage below 4 pct. for second time
WASHINGTON — The average rate on the 30-year fixed mortgage fell below 4 percent for just the second time in history. Freddie Mac said Thursday the rate on the 30-year fixed loan fell to 3.99 percent, down from 4 percent last week. Five weeks ago, it dropped to a record low of 3.94 percent, according […]
Average rate on 30-year mortgage falls to 4 pct.
WASHINGTON — The average rate on the 30-year fixed mortgage fell to 4 percent this week, nearly matching the all-time low hit just one month ago. Freddie Mac said Thursday the rate on the 30-year loan dropped from 4.10 percent last week. Four weeks ago, it dropped to 3.94 percent — the lowest rate ever, […]
Mortgage rates bounce back up to 4.12 percent
WASHINGTON — The average rate on the 30-year fixed mortgage rose sharply this week after falling below 4 percent for the first time in history. Freddie Mac said Thursday that the rate on the 30-year fixed loan rose to 4.12 percent. That’s up from 3.94 percent last week, the lowest rate ever according to the […]
Mortgage rates keep fallingbut home sales lag
WASHINGTON — The average rate on the 30-year fixed mortgage fell to 3.94 percent this week, the lowest rate ever. For those who can qualify, it’s an extraordinary opportunity to buy or refinance. On Thursday, Freddie Mac said the average rate dropped from 4.01 percent last week, the previous low. The average rate on a […]
Rate on 30-year mortgage falls to record 3.94 pct.
WASHINGTON — The average rate on the 30-year fixed mortgage fell to 3.94 percent this week, the lowest rate ever. For those who can qualify, it’s an extraordinary opportunity to buy or refinance. Mortgage rates could fall even further now that the Federal Reserve plans to reshuffle its portfolio of securities to try and lower […]
Rate on 30-year mortgage falls to record 4.01 pct.
WASHINGTON — Fixed mortgage rates have fallen to historic new lows for a fourth straight week and are likely to fall further. The average on a 30-year fixed mortgage fell to 4.01 percent this week, Freddie Mac said Thursday. That’s the lowest rate since the mortgage buyer began keeping records in 1971. The last time […]
30-year mortgage falls to 4.12 pct., record low
WASHINGTON (AP) — Fixed mortgage rates fell this week to the lowest levels in six decades. But few Americans can take advantage of the rates to refinance or buy a home. The average rate for the 30-year fixed mortgage fell to 4.12 percent, down from 4.22 percent, Freddie Mac said Thursday. It’s the lowest level […]
