Fixed mortgage rates hit 50-year lows: Freddie Mac

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News Update: Home Mortgage Rates Hit New Low for Fourth Time in Five Weeks Mortgage Rates Hit New 2016 Lows PDF Version MCLEAN, VA–(Marketwired – Apr 14, 2016) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS ), showing mortgage rates declining slightly from the previous week to reach a new low for the year.

Interest rates on U.S. 30-year and 15-year fixed-rate mortgages decreased to their lowest levels in 16 months in step with lower U.S. bond yields amid worries about trade tension between China and.

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June 17, 2016. Freddie Mac has released a new report showing that mortgage rates have hit their lowest point in a three-year period. Rates for a 30-year fixed mortgage are now 3.54 percent, the lowest they have been since May 2013 when they dropped to 3.51 percent. This is still above the all-time low that the industry saw in November 2012 when rates hit 3.31 percent.

U.S. 30-year mortgage rates hit 3-month low – Freddie Mac. 1 Min Read.. Interest rates on U.S. 30-year, fixed-rate mortgages decreased to their lowest levels since mid-September in line with.

Mortgage rates continued to slide downward this week, reaching a new yearly low of 4.06 percent on a 30-year fixed-rate mortgage. Rates on a 30-year mortgage were at 4.07 percent last week and 4.

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The 30-year, fixed-rate mortgage hit lows not seen in five decades this week as the Federal Reserve committed to keeping the federal funds rate low through 2013, according to the Freddie Mac.

WASHINGTON (2/6/15)–After edging up the week prior, average fixed-mortgage rates fell back near their May 2013 lows this week, according to numbers from Freddie Mac. The 30-year fixed-rate mortgage rate averaged 3.59% for the week ending Feb. 5, down from 3.66% the week prior ( Housingwire.com Feb. 5).

CHICAGO (MarketWatch) — Rates on fixed-rate mortgages and the 5-year adjustable-rate mortgage dropped to record lows this week, according to Freddie Mac’s weekly survey of conforming mortgage rates, released on Thursday. The 30-year fixed-rate mortgage averaged 4.69% for the week ending June 24, down from 4.75% last week and 5.42% a year ago.

Fixed-rate mortgages are the most common type of mortgage selected by homeowners today. With a fixed-rate mortgage, your interest rate will be locked in for the life of the loan. This means that your monthly mortgage payments will remain the same for the entire term of the loan, whether it’s a 15-, 20- or 30-year mortgage.