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Long-term U.S. mortgage rates fell again this week, marking their third decline in the past four weeks after increasing last week. Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year, fixed-rate mortgages was 4.57 percent, down from 4.62 percent last week.
US long-term mortgage rates fall; 30-year at 3.88 percent. A year ago, the benchmark rate stood at 3.52 percent. The rate on 15-year, fixed-rate mortgages, popular with homeowners who are refinancing, dipped to 3.19 percent from 3.21 percent last week. A year ago, the 15-year rate was 2.79 percent.
The 1 percent fall in total construction spending followed a tiny 0.1 percent rise in December and left total activity at an annual rate of $1.18 trillion, 3.1 percent higher than a year ago..
Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages was 4.57 percent, down from 4.62 percent last week. By contrast, the 30-year rate averaged 3.90 percent a year ago. Putting the recent decline in perspective, long-term loan rates have been running at their highest levels in seven years.
US long-term mortgage rates fall; 30-year at 4.57 percent washington (ap) – Long-term U.S. mortgage rates fell this week, marking their third decline in the past four weeks after increasing last week.
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US Long-Term Mortgage Rates Fall; 30-Year at 4.55 Percent The average rate on 15-year, fixed-rate loans was unchanged from last week at 4.04 percent Published Jun 28, 2018 at 2:57 PM.
Last week’s decline followed weeks of increases that pushed long-term loan rates to their highest levels in seven years. Mortgage buyer Freddie Mac said Thursday the average rate on 30-year, fixed.
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WASHINGTON (AP) – Long-term U.S. mortgage rates fell this week for the second straight week, providing a helpful jolt for potential home buyers.Last week’s decline followed weeks of increases.
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