Mortgage Rates Continue to Hover at Record Lows

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Quick Takes: Mortgage rates hover at near record lows The Wall Street Journal reports that fixed rate mortgages continue to hold at near record lows – 3.88 percent for a 30-year fixed rate and 3.13 percent for a 15-year fixed.

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 · For the fourth consecutive week, mortgage rates have fallen to all-time lows. The 30-year mortgage rates averaged 5.01 percent this week, which is a drop from last week’s 5.1 percent. Last year at this time, rates averaged 5.87 percent.

All of the reported interest rates continue to hover around their historic low records. The 30-year fixed-rate mortgage averaged at 3.55 percent this week, while the 15-year fixed-rate averaged at 2.86 percent. That’s a decline of 0.04 percent for the 30-year home loan, and a 0 percent change in the 15-year.

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Mortgage Rates Continue to Hover. Mortgage rates showed little movement once again this week, continuing to hover near yearly lows, according to the latest data released Thursday by Freddie Mac. The 30-year fixed-rate average bumped up to 4.14 percent with an average 0.7 point.

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Additionally, adjustable-rate mortgages ticked down slightly averaging new record lows for the second straight week. Frank Nothaft, Freddie Mac’s chief economist tells the World Property Channel , "Mortgage rates were little changed this past week, with the average 30-year fixed-rate mortgage at or below 4.00 percent for the fifth consecutive week.

Mortgage Rates Continue To Hover Near Record Lows. (PMMS ), showing fixed mortgage rates moving slightly lower while continuing to remain near their all-time lows this week amid signs of a.

Mortgage Rates Moderately Improved To Begin The Week Kansas Mortgage Rates. All Kansas counties have standard conforming loan limits of $417,000, but a handful have fha loan limits that are just slightly higher than the average $271,050. Those counties are Johnson, Leavenworth, Linn, Miami and Wyandotte, and their FHA loan limit is $278,300.

The 30-year mortgage rate dipped 0.01 percentage point to 5.01 percent. But this borrowing cost was 0.40 percentage point above the record low set last March and seen headed higher throughout the year.

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– Mortgage Rates Continue To Hover At Record Lows For qualified buyers, fixed and adjustable mortgages are more attractive than ever RealtyTimes reported that Freddie Mac’s weekly mortgage survey, the first since the Fed’s Operation Twist announcement last week, found the average rate for conventional 30-year fixed mortgages to be at an all-time low of 4.01 percent.

Average U.S. mortgage rates rose only slightly this week and continued to hover near record lows.Mortgage buyer Freddie Mac says the rate on the 30-year fixed mortgage edged up to 3.41 percent.