Mortgage Rates Drop Slightly This Week

 · Mortgage Rates Drop Slightly . Freddie Mac. Freddie Mac today released the results of its Primary Mortgage Market Survey, showing. (FRM) averaged 4.10 percent with an average 0.5 point for the week ending May 9, 2019, down from last week when it averaged 4.14 percent. A year ago at this time, the 30-year FRM averaged 4.55 percent.

The benchmark 30-year fixed-rate mortgage fell this week to 3.93 percent from 4.05 percent, according to Bankrate’s weekly survey of large lenders.

Mortgage Rates Drop Slightly As mortgage applications decrease This first week of October 2015 has begun with lower fixed-mortgages than last month, while adjustable-rate mortgages have remained unchanged compared to a week earlier.

Weekly mortgage refinances spike 39% after huge interest rate drop Refinance mortgage applications rose by 39%, the highest level in more than three years, after the biggest one-week interest rate.

Weekly Rate Recap Mortgage Rates Today. Due in part to improved consumer spending and a potential cut to short-term interest rates, mortgage rates rose slightly this week. The slight increase doesn’t appear to be dissuading homebuyers with application volumes consistently increasing for both refinance and purchase loans.

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Mortgage Rates Drop Slightly Although Still At Near-Record High Rates. Mortgage rates dropped this week after the near-record high levels that took place one week ago, which caused a 5.5% decrease in mortgage applications compared to a week earlier.

McLean, VA – Results of the freddie mac (nyse:fre)mortgage Market SurveySM (PMMSSM) found the 30-year fixed-rate mortgage (FRM) averaged 6.24 percent, with an average 0.6 point, for the week ending March 2, 2006, down from last week’s average of 6.26 percent. Last year at this time, the 30-year FRM averaged 5.79 percent.

Mortgage rates moved higher after remaining at around the same level for about three weeks. The rise in rates was driven by continued improvement in consumer spending and partly due to optimism around a forthcoming cut in short term interest rates, which should provide support for business and investor sentiment.

Mortgage Rates Drop This Week.. Freddie Mac’s Weekly Survey was released this morning with its most recent assessment of the mortgage rate landscape. See the details of their survey below.. Mortgage Rates Tick Up Slightly Off Lows. Gallery Mortgage Rates Tick Up Slightly Off Lows.

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