Mortgage Rates Moved Slightly Lower This Week

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 · Home buyers saw mortgage rates edge lower again this week, with rates remaining well below year ago levels. “Modestly weaker consumer spending and manufacturing data, along with continued jitters around trade policy, caused interest rates to decline throughout the yield curve,” said Sam Khater, Freddie Mac’s chief economist.

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Mortgage rates typically follow in the footsteps of the 10-year yield, which is why we saw rates move lower. Also of note this week was the Freddie Mac Primary Mortgage Market Survey (PMMS). It showed that current mortgage rates moved lower for fourth time in the last five weeks.

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Mortgage Rates Are Actually Higher This Week May 2 2019, 5:04PM Mortgage rates didn’t move much today, but the average lender is quoting microscopically higher rates, if anything.

 · Home buyers saw mortgage rates edge lower again this week, with rates remaining well below year ago levels. “Modestly weaker consumer spending and manufacturing data, along with continued jitters around trade policy, caused interest rates to decline throughout the yield curve,” said Sam Khater, Freddie Mac’s chief economist.

The benchmark 30-year fixed mortgage rate was 4.27 percent this week, up from 4.25 percent a week ago, according to Bankrate’s latest survey of the nation’s largest mortgage lenders. The last time.

Home buyers saw mortgage rates edge lower again this week, with rates remaining well below year ago levels. "Modestly weaker consumer spending and manufacturing data, along with continued jitters around trade policy, caused interest rates to decline throughout the yield curve," said Sam Khater, Freddie Mac’s chief economist.

Mortgage rates are steadily moving lower as home-price gains are seeing their weakest. Long-term U.S. mortgage rates fell slightly this week, marking a fourth .

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“Slightly weaker inflation and labor economic data caused mortgage rates to dip this week,” says Sam Khater, chief economist for Freddie Mac, in a statement. “Moving into summer, we expect rates to be.

Home buyers saw mortgage rates edge lower again this week, with rates remaining well below year ago levels. "Modestly weaker consumer spending and manufacturing data, along with continued jitters around trade policy, caused interest rates to decline throughout the yield curve," said Sam Khater, Freddie Mac’s chief economist.

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