Average U.S. rate on 30-year mortgage falls to 4.04%.. home-buying has recently surged as more buyers have flooded into the real estate market. data issued Wednesday by the National Association.
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· Again, the average home price went up by over 9% within the last year, and the average rate on a 30 year fixed rate mortgage went up from 3.89% a year ago to 4.85% at present time. The combination of higher home prices and interest rates means that people’s mortgage.
Average 30-year mortgage rate falls to 3.65%. Rates falling despite the Fed’s recent decision to hike the short-term rate it controls for the first time since ’06
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Lane Dumps Over 30 Inches on Rain on Hawaii. The average 30-year mortgage rate reached a high this year of 4.66 percent on May 24; the 15-year rate hit 4.15 percent that day. To calculate average mortgage rates, Freddie Mac surveys lenders across the country between Monday and Wednesday each week.
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Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans eased to an average 4.12 percent from 4.20 percent last week. That was still sharply higher than a 30-year rate that averaged 3.65 percent for all of 2016, the lowest level recorded from records going back to 1971.
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Mortgage buyer Freddie Mac said Thursday the average rate on a 30-year fixed-rate mortgage slipped to 3.79 percent from 3.81 percent a week earlier. That means it stays below the symbolically.