Uncertainty keeping mortgage rates low: Freddie Mac

Freddie Mac’s latest Primary Mortgage Market Survey shows that the 30-year fixed rate mortgage rate dropped below 4% for the first since January 2018. "While economic data points to continued.

The interest rate on a 30-year fixed-rate mortgage fell to 4.07 percent from 4.61 a year before, according to Freddie Mac. The rate is 13 basis points below what it was two weeks ago, before a.

Notably, this week’s rate is much lower than last year’s rate of 4.44%. Freddie Mac Chief Economist Sam Khater said mortgage rates declined decisively this week amid various market reports, a strong.

Fixed mortgage rates sank to a 10-month low this week amid uncertainty about the health of the economy. According to the latest data released Thursday by Freddie Mac, the 30-year fixed. against.

Fixed mortgage rates sank to a 10-month low this week amid uncertainty about the health of the economy. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate.

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Mortgage applications surge. After weeks of declines, mortgage rates have settled at a two-year low. Easing of trade tensions with Mexico helped to stabilize the markets, keeping rates a steady 3.82% for a 30-year fixed-rate mortgage, according to Freddie Mac.

"Mixed economic data and increasing uncertainty are continuing to push rates to the lowest levels in nearly seven months," Freddie Mac chief economist sean Becketti said. Click to Enlarge. (Source: Freddie Mac) The 30-year fixed-rate mortgage dropped to 3.89% for the week ending June 8, 2017.

According to Freddie Mac’s latest Primary Mortgage Market Survey for June 2017, the average U.S. mortgage rate continuing to hold at year-to-date lows amidst ongoing economic uncertainty. Sean Becketti, chief economist of Freddie Mac said, "Following last week’s sharp decline, the 10-year Treasury yield rose 3 basis points this week.

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Mortgage rates are being pushed down because of it. This week’s Freddie Mac average on a 30-year fixed rate mortgage was 3.99%. That’s the first time rates have dropped below 4% since January of 2018. The chart below from Freddie Mac shows the path of interest rates on 30-year, 15-year and 5/1-year ARM.

McLean, VA – In Freddie Mac’s Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 6.18 percent, with an average 0.6 point, for the week ending September 13, 2002, inching up from 6.15 percent last week.

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