Mortgage Rates Reach 16-Month Low

Mortgage rates reach 16-month low. houstonchronicle.com – R.A. Schuetz. Mortgage rates have been drifting downward since the end of 2018, and have now reached a 16-month low. According to Freddie Mac’s weekly mortgage.

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! Mortgage Rates Reach 16-Month Low June 10, 2019 2:12 pm.

This increase was largely due to mortgage rates dropping to their lowest level since May 2013. However, the recent reduction in FHA mortgage insurance premiums also played a role: FHA refinance.

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That happened after bond yields hit record lows, following the Federal Reserve’s decision to extend its low interest rate policy for two more years. For current CalHFA rates, go here. Zillow’s rates.

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!

 · 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! If any of the following criteria apply to you, a refinance might be a great option:

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. “Indeed, mortgage rates are approaching the historically low level of 3.44 percent last seen in July 2016.

Mortgages rates follow the U.S. Treasury yields, which are rising again. That makes now a. Interest rates are at their lowest levels in years. That's because the. By December 16, 2016, the rate climbed to 2.6 percent. That's higher. That's the rate banks charge each other for one, three, and six-month loans. It also affects.