Mortgage Rates Reach 16-Month Low

Mortgage Rates Reach 16-Month Low June 10, 2019 2:03 pm. After five weeks on the decline, mortgage rates in the U.S. have finally reached their lowest point in 16 months. If you have been considering a home purchase or refinance, now is an excellent time to make the jump!

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Rates for 15-year and five-year mortgages also hit lows. Rates are at their lowest since the mortgage company began keeping records in 1971. The last time they were any cheaper was the 1950s, when.

5 days ago. Historically, the 30-year mortgage rate reached upwards of 18.6% in 1981 and went as. This is lower than the long term average of 8.04%.

The average rate for a 30-year fixed-rate mortgage rate dropped below 4% for the first time since January 2018 this past week. For the week.

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Mortgage Rates Reach 16-Month Low June 10, 2019 2:13 pm. After five weeks on the decline, mortgage rates in the U.S. have finally reached their lowest point in 16 months. If you have been considering a home purchase or refinance, now is an excellent time to make the jump!

. for a 30-year fixed mortgage fell below 4 percent for the first time in history, Freddie Mac said, citing increasing concerns about the global economy. The rate dropped to 3.94 percent, down from.

May 16, 2019.. Mortgage rates recently hit a 14-month low, bringing with them the potential for a lower monthly payment.. As of mid-May 2019, mortgage rates dipped again to reach as low as 4.1 percent, according to Freddie Mac's Primary .

Mortgage Rates Reach 16-Month Low June 10, 2019 2:16 pm. After five weeks on the decline, mortgage rates in the U.S. have finally reached their lowest point in 16 months. If you have been considering a home purchase or refinance, now is an excellent time to make the jump!

Mortgage rates moved higher after remaining at around the same level for about. taking advantage of the multi-year low rates in droves, which is evident in the.

 · WASHINGTON (AP) – US long-term mortgage rates dipped this week to the lowest average in more than a year, providing a possible boost to the start of the spring home buying season in March. mortgage buyer freddie mac says the average rate on the benchmark 30-year fixed-rate mortgage declined from 4.37 percent to 4.35 percent.

2 Things You Need to Know to Properly Price Your Home 2 Things You Need to Know to Properly Price Your Home. In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%).