Mortgage Rates Fall on Weak Jobs Report – Analyst Blog
The 30-year fixed-rate average declined from 3.70 last week to 3.66, its lowest level since the first half of Feb 2015.
The 30-year fixed-rate average declined from 3.70 last week to 3.66, its lowest level since the first half of Feb 2015.
The 30-year fixed-rate sinks to its lowest level since mid-February, dropping to 3.69 percent.
Mortgage interest rates rose to their highest level since the beginning of this year, and mortgage volume reacted in the opposite direction. Loan applications fell 13.2 percent for the week ending February 13, according to the Mortgage Bankers Association. Total volume is still 14 percent above where it was a year ago, when interest rates were considerably higher.
In the past 10 weeks, the 30-year fixed-rate average has fallen 36 basis points to 3.66 percent, its lowest level since May 2013.
Average U.S. mortgage rates started the year by dipping to new lows, with the benchmark 30-year rate marking its lowest level since May 2013. The ongoing decline in mortgage rates would appear to be a …
President Obama today announces a new executive action today designed to make it easier for lower-income Americans to purchase homes, but some experts are worried that increasingly loose housing policy …
Average interest rates on fixed-rate mortgages fell this week to their lowest level since May 2013, Freddie Mac said Thursday.
The 30-year fixed-rate average drops 14 basis points to 3.73 percent, its lowest level since May 2013.
Impac Mortgage Holdings, Inc. , is pleased to announce its subsidiary, Impac Mortgage Corp., has signed a definitive agreement to acquire the mortgage operations of CashCall, Inc.
The 30-year average dropped to 3.8 percent, its lowest level since May 23, 2013.