Mortgage Rates Nudge Slightly Lower This Week

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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.

Interest Rates nudge up again Interest rates moved up slightly last week .The following are excerpts from the newsletter on interest rates published by HSH Associates : "Moderately good economic news continues to press mortgage rates higher, as investors both here and around the world move their money from safe-haven investments in bonds and.

 · The yield on the 10-year Treasury note, which influences mortgage rates, was 2.37 percent late Wednesday, down sharply from 2.48 percent a week earlier. It rose to 2.41 percent Thursday morning. With mortgage rates at historically low levels and positive economic signs, Freddie Mac is expecting home sales to increase this summer.

Mortgage Rates Nudge Lower This Week According to BankRate.com National Survey May 15, 2014 NEW YORK, NY – Mortgage rates posted modest movement this week, with the benchmark 30-year fixed mortgage rate inching lower to 4.33 percent, according to Bankrate.com’s weekly national survey.

Mortgage rates today, January 18, 2019, plus lock recommendations What’s driving current mortgage rates? Average mortgage rates rose on Friday, as we predicted. But the increase was tiny. Leaving aside Thursday, that average is currently at its lowest since November 2016, according to Mortgage News Daily. This week has the potential to bring more reductions or sharp rises, depending on how it plays out.

30-year fixed-rate mortgage (FRM) averaged 3.43 percent with an average 0.5 point for the week ending August 18, 2016, down from last week when it averaged 3.45 percent. A year ago at this time.

Mortgage Rates Weekly Update February 24 2019 NEW YORK, June 22, 2017 /PRNewswire/ — Mortgage rates were slightly higher this week, as the benchmark 30-year fixed mortgage rate rose to 4.05 percent, according to Bankrate.com’s weekly.

1-year Treasury-indexed ARM averaged 2.62 percent this week with an average 0.3 point, down from last week when it averaged 2.63 percent. At this time last year, the 1-year ARM averaged 2.78 percent. Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage.

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Freddie Mac reported the following national averages with mortgage rates for the week ending July 18: 30-year fixed-rate mortgages: averaged 4.37 percent, with an average 0.7 point, dropping from last week’s 4.51 percent average. A year ago, 30-year rates averaged 3.53 percent.

The 30-year fixed mortgage averaged 4.12 percent for the week ending April 11, up from 4.08 percent the previous week.