Mortgage rates drop for the first time in four weeks

Mortgage rates drop for the first time in four weeks Mortgage rates dipped after four weeks of increases, finally mirroring the drop in the benchmark 10-year Treasury yield, according to Freddie Mac.

The 30-year fixed-rate average for this week is 1.06 percentage points below the 52-week high of 5.10 percent, and is the same as the 52-week low of 4.04 percent.

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Compare mortgage rates in your area now.. 30-year fixed mortgages. The average rate for the benchmark 30-year fixed mortgage is 4.00 percent, a decrease of 2 basis points over the last seven days.

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News Facts — 30-year fixed-rate mortgage (FRM) averaged 3.95 percent with an average 0.5 point for the week ending January 4, 2018, down from last week when it averaged 3.99 percent. A year ago at.

The 30-year fixed-rate mortgage averaged 4.14% for the week ending May 2, down from last week when it averaged 4.2%, Freddie Mac said. Over the four week period, the 30-year FRM increased 12 basis points. A year ago at this time, the 30-year fixed-rate mortgage averaged 4.55%.

Mortgage rates drop for first time in 4 weeks Average long-term U.S. mortgage rates edged slightly lower this week after rising for three straight weeks. Mortgage giant Freddie Mac said Thursday the average rate on a 30-year fixed-rate mortgage ticked down to 3.84 percent this week from 3.85 percent a week earlier.

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Hobart Property Boom Over, Sydney Median House Price Falling Fixed mortgage rates drop for first time in 2018 – Fixed mortgage. an average 0.4 point. It was 3.63 percent a week ago and 3.28 percent a year ago. "After holding steady for much of the week – even through Friday’s exceptionally strong jobs report.

Mortgage rates declined in the first week of 2018, even as most analysts believe they’ll move higher in coming months. The 30-year fixed-rate mortgage averaged 3.95% in the week ending January 4,

Mortgage rates increased for the first time in several weeks, but they may not stay up for long if the recent drop in the Treasury yield sticks. "The 30-year mortgage rate rose two basis points.

Mortgage Rates Drop – The 30-year fixed-rate mortgage fell 4 basis points from a week ago to 3.95 percent in the year’s first survey. Despite increases in short-term interest rates, long-term interest rates remain subdued..

The 30-year fixed-rate mortgage fell 4 basis points from a week ago to 3.95 percent in the year’s first survey. Despite increases in short-term interest rates, long-term interest rates remain subdued..

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