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

Cheaper Mortgages Could Spur Housing Market

Continue Reading Below The average rate on a 30-year fixed-rate mortgage dropped to 3.97 ... low rates are really going to help out with affordability." For most of 2016, mortgage rates, which generally move together with yields on the benchmark 10-year U ... 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

Bankrate: Mortgage Rates Slide to 5-Month Low

NEW YORK, May 18, 2017 /PRNewswire/ -- With a flurry of news breaking in Washington, mortgage rates moved to the downside with the benchmark 30-year fixed mortgage rate falling to a five-month low of 4.15 ... Establishes U.S. Office and Appoints Industry ... read more

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

NEW YORK (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 of safe-haven ... read more

Lock/Float Strategy Successful. Mortgage Rates Lower

The last couple days, MBS have been testing the low end of the range, thus my recommendation for floating. With yesterday’s rally, MBS have moved comfortably into the middle of the range and mortgage rates ... The par 30 year conventional rate mortgage ... read more

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

The Washington-based industry group said its measure on mortgage applications rose 2.7 percent to 406.2 points in the week ended April 21. The interest rates on 30-year ... fallen in step with U.S. Treasury yields, which hit five-month lows last week ... 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
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