Mortgage rates drop to lowest level since 2013

Mortgage rates today, January 30, 2019, plus lock recommendations Mortgage rates today, May 29, 2019, plus lock recommendations Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates. Mortgage rates today, February 22, 2019, plus lock recommendationsMortgage rates today, November 17, plus lock recommendations Mortgage rates began the day just like. current levels are still very close to the highest rates in more than 7 years. Unlike the past 5 business days, however, we caught a bit of a break today..

The yield on the 10-year Treasury sank to 2.03 percent, its lowest level in more than two years. The drop in long-term bond yields. hitting their lowest levels since the 2016 election day. Mortgage.

Mortgage interest rates have hit their lowest levels since 2016. The favorable environment now opening. The all-time low.

Long-term mortgage rates hit lowest level since May 2013. – On the back of "underwhelming" economic news, the average rate for the popular 30-year fixed-rate mortgage just dropped to 3.89%, the lowest reading since May 2013, according to a Thursday.

MBS RECAP: Bonds Hold Steady Despite Big Ticket Events Mortgage rates held their ground today even as trading levels in bond markets suggested a move higher. This has to do with the heads-up I offered yesterday regarding the late-day improvement in market.

2 days ago · Permits for buildings with five units or more were the lowest since March 2016. Housing completions fell 4.8% to 1.161 million units last month, the lowest level since December. Realtors estimate that housing starts and completion rates need to be in a range of 1.5 million to 1.6 million units per month to bridge the inventory gap.

How The Fed Affects HELOC Rates  · A: Interest rates that are set by the Federal Reserve don’t directly impact the prices and returns of the bonds that you own directly or through funds. That’s because the Fed only sets rates on overnight loans that Federal Reserve member banks receive from the Fed itself or from one another, says Jay Sommariva, vice president and senior.

 · Mortgage Rates Drop to Lowest Level in Three Months. Freddie Mac released the results of its Primary Mortgage Market Survey ®, showing that mortgage rates dropped significantly after several weeks of moderating. “The 30-year fixed fell to 4.63 percent this week – the lowest it has been since mid-September,” said Sam Khater, Freddie Mac’s chief economist.

 · Economic recovery: Foreclosure rates drop to lowest level since Great Recession The number of homes repossessed by banks fell 29 percent last year to the lowest level since 2006, a year before the.

The #1 shared article for mortgages over the last week is The Wall Street Journal’s post from October 15th: mortgage rates fall To Lowest Level Since June 2013. Mortgage rates hitting a 16-month low last week is causing a stir, at least in social media. Declining interest rates present another good opportunity to buy a home, or refinance a.

That’s down 11 basis points from the previous week. "Mortgage rates fell last week, touching their lowest levels since mid-2013 before edging slightly higher on Monday," said Erin Lantz, vice president of mortgages at Zillow. "This week, markets will look toward Friday’s monthly jobs report and should move upward if the data exceeds expectations.".

 · This marks 12 straight months of annual declines. It is also the lowest December sales reading since 2013. Some observers expected sales to get a.