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Mortgage rates drop for the first time in four weeks

Mortgage Rates Drop For The First Time In Seven Weeks April 8, 2005. Both Long- And Short-Term Rates Slip. McLean, VA – Freddie Mac (NYSE:FRE) released the results of its primary mortgage market surveySM (PMMSSM) in which the 30-year fixed-rate mortgage (FRM) averaged 5.93 percent, with an average 0.7 points, for the week ending April 7, 2005, down from last week when it averaged 6.04.

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. Depending on where you live, however, you may find that your offered mortgage rates varies.

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"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.

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%.

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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. A year ago at this time, the 30-year fixed-rate mortgage averaged 4.55%.

 · Though values didn’t drop year-over-year, their growth rate to lag behind 2018’s number. Last April, values were up 7.5 percent for the year. This April, they rose just 6.1 percent over the year.

(GLOBE NEWSWIRE) — freddie mac (otcqb:fmcc) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing that the 30-year fixed-rate mortgage rate dropped below.

Americans kept borrowing in first quarter as new mortgages eased "They just cannot borrow money to expand." Business groups point to people such as Stottlemyer to argue that Dodd-Frank regulations need to be eased. to expand into mortgage lending by now, but.

Mortgage rates this week. A year ago, it was 4.02 percent. Four weeks ago, the rate was 4.71 percent. The 30-year fixed-rate average for this week is 0.14 percentage points below the 52-week high of 4.80 percent, and is 0.71 percentage points higher than the 52-week low of 3.95 percent.

Mortgage Rates Weekly Video Update [December 3 2018] Mortgage rates rose for the first time in 4-weeks in the week ending 12th July, while the downward trend still persists, with rates down in five of the last seven weeks, according to figures released by Freddie Mac.

If watched mortgage rates rise through August and felt as if you missed the market bottom, consider this week your second chance. The 30-year fixed rate mortgage does remains above its all-time low of 3.49 percent, but this week’s drop in rates in encouraging.

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