Mortgage rates drop for the first time in four weeks

The 30-year fixed-rate mortgage averaged 4.14% for the week ending May 2, down from last week when it averaged 4.2%, Freddie Mac said. Over the four week period, the 30-year FRM increased 12 basis points.

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Primary Mortgage Market Survey. showing that the 30-year fixed-rate mortgage rate dropped below four percent for the first time since January 2018.

Mortgage Bankers’ Association Rates. For the week ending 26 th April, rates were quoted to be: Average interest rates for 30-year fixed, backed by the FHA, decreased from 4.49% to 4.39%.

"If that drop in yields sticks, mortgage rates are likely to follow in next week’s survey," Becketti said. Click to Enlarge. (Source: Freddie Mac) The 30-year fixed rate mortgage increased to 3.91% for the week ending June 15, 2017. This is an increase from last week’s 3.89% and from last year’s 3.54%.

For more than a month, mortgage rates have been in a free fall.. The 15-year fixed rate fell below 4 percent for the first time since early September.

down from last week’s 4.28 percent, according to Freddie Mac. A year ago at this time, the 30-year fixed-rate mortgage was at 4.4 percent. This is the largest drop in more than a decade. Home sales.

Mortgage Rates Weekly Video Update April 14 2019 HSH.com’s weekly MarketTrends newsletter always contains a "next week" forecast for mortgage rates. We also produce a regular Two-Month Forecast , which is published six times per year, as well as a wide-ranging Annual Outlook of our expectations for important mortgage and housing-related issues for the year.

Mortgage rates were slightly higher to start the new week, which is a pretty good outcome considering the underlying events. On Friday, we anticipated a pick-up in volatility as rates were at risk.

Sales of existing homes unexpectedly fell in January

Mortgage Rates Drop For The First Time In 4 Weeks After 4 weeks of rising costs, Brentwood mortgage rates finally recede. According to Freddie Mac’s weekly Primary Mortgage Market Survey , the average 30-year fixed rate mortgage rate dropped 7 basis points to 3.59% this week.

"Average 30-year conventional fixed mortgage rates fell below 4% for the first time in history this week following a sharp drop in 10-year Treasuries early in the week as concerns over a global.

The 30-year fixed-rate mortgage averaged 4.41% for the week ending Feb. 7, down from last week when it averaged 4.46%, according to Freddie Mac. A year ago at this time, the 30-year fixed-rate.