NEW YORK ( MainStreet ) — When it comes to mortgage rates, we've heard the term “record lows” for years now. And while interest rates on home loans have wavered a bit, they've recently dipped to the lowest levels in nearly two years.
WASHINGTON (AP) — Average long-term U.S. mortgage rates fell this week, resuming their downward trend of this year after rising slightly last week. Rates are near historically low levels.
With negative interest rates in Germany, Switzerland, Ireland, Belgium, and Denmark, it was about time that we saw negative mortgage rates in Europe too.
When it comes to getting a mortgage loan, homebuyers have fewer options than they had during the boom years. From the early 2000s until 2008, lenders were much more willing to float exotic loans based on risky terms, but they have returned to safe and sensible home financing.
Many Americans would be untroubled by double-digit mortgage rates and an alarming number say they are not sure what the rate on their mortgage is, according to a survey commissioned by Bankrate.
WASHINGTON (AP) — Average long-term U.S. mortgage rates rose slightly this week after four straight weeks of declines, while remaining near historically low levels.
The 30-year fixed-rate mortgage rose for the first time in three weeks, edging up to 3.66 percent.
Average long-term U.S. mortgage rates fell for the fourth straight week, with the benchmark 30-year rate again marking its lowest level since May 2013. The average for a 15-year mortgage, a popular choice for people who are refinancing, slipped further below 3 percent.
Mortgage rates declined for the third straight week, with lenders on average offering 3.63% on a 30-year fixed loan, Freddie Mac reported Thursday.
WASHINGTON (AP) — Average long-term U.S. mortgage rates fell for the fourth straight week, with the benchmark 30-year rate again marking its lowest level since May 2013. The average for a 15-year mortgage, a popular choice for people who are refinancing, slipped further below 3 percent.