Mortgage Rates Reach 16-Month Low

Mortgage rates have been drifting downward since 2018, and have now reached a sixteen-month low. The average rate for a 30-year fixed-rate mortgage is 4.6% according to Freddie Mac’s weekly.

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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.

U.S. long-term mortgage rates fell this week to a 10-month low, spurring on potential homebuyers for the upcoming season. mortgage buyer Freddie Mac says the average rate on the benchmark 30-year.

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.

 · It’s more affordable to buy a house today as mortgage rates have dropped to a 16-month low. According to Freddie Mac, the 30-year fixed rate mortgage declined to 3.99%, and 3.46% for a fifteen-year fixed rate, both with an average half a point.This is the first time rates have dropped below 4% since January 2018.. Last year at this time rates were at 4.56%.

How lower mortgage rates are strengthening the refinance market 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!

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The average 30-year fixed rate mortgage has dropped to 4.34. Mortgage rates reach 16-month low – Next: Unique homes for sale in Houston’s historic districts mortgage rates have been drifting downward since the end of 2018, and have now reached a 16-month low. According to Freddie. and.

Mortgage Rates Reach 16-Month Low June 10, 2019 2:12 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 Reach 16-Month Low The Mortgage. lowest level since June 2013. Refinance application volume reached the highest level since June 2014 as a result, with conventional refinance volume at its highest since February 2014.

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.

In another trend that is reshaping the real estate market with record affordability, mortgage rates dropped to an all-time low again, according to Freddie Mac. 30 year fixed home mortgages dropped to.