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Mortgage rates dip below 4 percent for the first time this year | Latest News

Mortgage rates up slightly, but still below 4 percent

Joe Raedle/Getty Images Mortgage ... percent, according to Bankrate’s weekly survey of large lenders. A year ago, it was 3.64 percent. Four weeks ago, the rate was 4.05 percent. The 30-year fixed-rate average for this week is 0.45 percentage points below ... read more

Mortgage rates dip below 4 percent

Mortgage rates are moving below 4 percent for 30-year fixed conforming loans with balances below $417,000 for the first time since they spiked in June 2013. It's not a huge move by the numbers, but psychologically it could be a major boost—potentially ... read more

The Latest: Fed plans to hike rates 1 more time this year

Federal Reserve policymakers say they still expect to hike short-term interest rates one more time this year ... announce the first steps toward unwinding its $4.5 trillion balance sheet. The Fed built up its portfolio of government and mortgage-backed ... read more

Black Knight Financial Services’ First Look at July 2017 Mortgage Data: Active Foreclosure Inventory Falls Below 400,000 For First Time in 10 Years

Foreclosure inventory fell by 12,000 in July, bringing the total below 400,000 for the first time since February 2007 ... and highest foreclosure rate (2.4 percent) of any state Early-stage mortgage delinquencies experienced a slight seasonal uptick ... read more

30-year mortgage rates dip below 4%

From Freddie Mac’s weekly survey: The 30-year fixed rate dropped below 4 percent ... loans for $417,001 to $625,000 at 4.75 percent on non-owner occupied homes. Compare this to a zero cost five-year adjustable rate mortgage, or ARM that’s fixed ... read more

7 ways the Fed can affect your pocketbook

But the federal funds rate had been below 1 percent ... the last time the central bank went on an extended rate-raising campaign: Starting in June 2004, the Fed raised the federal funds rate 17 times in two years. And what happened at first? Mortgage ... read more

3 Trends That Will Drive The Mortgage Market in 2018 - Freddie Mac

Hard to believe it's already that time again ... up 10 percent on an annual basis. Freddie Mac sees gradual gains for residential construction and moderate increases in mortgage interest rates reducing price growth next year to an average of 4.9 percent. read more

Mortgage rates dip below 4 percent for the first time this year

Just in time for the busiest home shopping season of the year, mortgage rates continue to fall, this week dipping below 4 percent for the first time since November, according to Freddie Mac's Primary Mortgage Market Survey. The results of that weekly ... read more

Mortgage rates dip below 4 percent on 15-year loans

Mortgage rates are so low one can now take out a 15-year loan at below 4 percent. Figures released Thursday show that the average rate on the 15-year fixed loan dropped to 3.95 percent last week, the lowest in decades. The average rate for a 30-year fixed ... read more

30-Year Mortgage Rates Dip Below 4 Percent

The average rate on the 30-year fixed mortgage this week fell below 4 percent for the first time ever, to 3.94 percent. For those who can qualify, it's an extraordinary opportunity to buy or refinance. And mortgage rates could fall even further now that ... read more
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