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U.S. Mortgage Rates Drop to Five-Month Low With 30-Year at 3.97% | Latest News

U.S. Mortgage Rates Drop to Five-Month Low With 30-Year at 3.97%

U.S. mortgage rates dropped for a fifth week, sending home-loan costs down to their lowest point since the week after the presidential election. The average rate for a 30-year fixed mortgage was 3.97 percent, down from 4.08 percent last week and the lowest ... read more

U.S. mortgage activity hits five-week high - MBA

NEW YORK, April 26 (Reuters) - U.S. mortgage application activity rose to a five-week high as the borrowing costs on 30-year home loans ... Mortgage rates have fallen in step with U.S. Treasury yields, which hit five-month lows last week as a result ... read more

Cheaper Mortgages Could Spur Housing Market

The average rate on a 30-year fixed-rate mortgage dropped to 3.97% for the week ended April 20, from 4.08% a week earlier and 4.3% in mid-March, according to data released Thursday by mortgage company Freddie Mac. The drop ... a five-month low last week ... read more

Mortgage applications continue to zig-zag

The average contract interest rate for 30-year fixed-rate mortgages (FRMs ... The survey covers over 75% of all U.S. retail residential mortgage applications. read more

What Trump's take on dollar, rates means for you.

U.S. companies that sell a ... Currently, the rate on a 30-year fixed-rate mortgage is 4.28%, up from 3.82% at this time last year, according to the Mortgage Bankers Association. The recent drop in rates, says MBA chief economist Mike Fratantoni, could ... read more

US new-home sales climb to 8-month high in March

Purchases of new U.S. homes unexpectedly increased in March ... and is 15.6% higher than March 2016's 537,000 sales. The 30-year fixed mortgage rate is now averaging around a five-month low of 3.97 percent. The Atlanta Federal Reserve is forecasting ... read more

Morning Read 4/25: Sicily’s Jews Reclaim Lost History, 500 Years Later

[WSJ] US mortgage rate drop could cause spike in home sales U.S. mortgage rates fell below 4 percent last week, which may encourage a rush of home buyers. Last week, the average rate on a 30-year fixed ... came close to a five-month low last week, driven ... read more

US mortgage rates weekly drop most in over 28 yrs

The drop, which drove 30-year fixed rates to an almost five-month low, was driven by the U.S. government's rescue effort for the mortgage finance company and its larger sibling Fannie Mae, analysts say. Interest rates on the 30-year fixed-rate mortgage ... read more

Business Briefs: Mortgage rates stable and lowest since July

Jobless claims drop to five-month low ... term U.S. mortgage rates didn't move this week, remaining at their lowest levels since mid-July as a lure to prospective home buyers. Mortgage giant Freddie Mac said Thursday the average for a 30-year fixed-rate ... read more

U.S. mortgage activity hits five-week high

U.S. mortgage application activity rose to a five-week high as the borrowing costs on 30-year home loans decreased ... Mae and Freddie Mac. Mortgage rates have fallen in step with U.S. Treasury yields, which hit five-month lows last week as a result ... read more
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