Freddie Mac: Mortgage rates continue to drop

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Mortgage Rates Drop. By. Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders.. so that we can continue to provide you with the.

Mortgage rates today, January 30, plus lock recommendations The importance of a locked rate. No one can predict what will happen with interest rates. If you think rates will go up, or if you don’t want to have to worry about changing rates, it makes sense for you to lock in a rate. Here’s why it’s beneficial: You could lock in a 5% rate for a 30-year term on a $200,000 loan.Thanks to lower mortgage rates, 550K homeowners could save by refinancing Granted, we’re not back to the sub-4% mortgage rates that. convincing argument we’ve seen for "lower rates in 2019." The only thing that would really derail the positive momentum would be stronger.

Mortgage rates at 13-month low, may continue to fall after Fed. from last week, according to the latest mortgage rate survey by Freddie Mac.

Sam Khater, Freddie Mac’s chief economist, says, "Slightly weaker inflation and labor economic data caused mortgage rates to dip this week. Moving into summer, we expect rates to be about a quarter to half a percentage point lower than where they were last year, which is good news for the housing market.

Mortgage Rates Stay Low, Giving You More Time to Make a Move – the Mortgage Bankers Association reports. Freddie Mac has said the drop in rates can make it worth your while to refi, even.

Sam Khater, Freddie Mac’s chief economist, said, “While the continued drop in mortgage rates has paused, home-buyer demand has not. This is evident in increased purchase activity and loan amounts,

"The drop in mortgage rates is causing purchase demand to rise, and the mix of demand is skewing to the higher end as more affluent consumers are typically more responsive to declines in rates." Freddie Mac reports the following national averages with mortgage rates for the week ending May 23: 30-year fixed-rate mortgages: averaged 4.06%, with an average 0.5 point, falling from last week’s 4.07% average. Last year at this time, 30-year rates averaged 4.66%.

Mortgage rates today, July 13, 2018, plus lock recommendations Mortgage rates today, May 15, 2019, plus lock recommendations mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates. Construction loans can make building or renovating a home possible for borrowers light on cash.

Long-term mortgage rates fall; 30-year average now below 4. – Mortgage buyer Freddie Mac said Thursday that the average rate on the. Nervous investors continue to shift money from volatile stocks to the.

After more than a month of declines, mortgage rates paused their descent ahead of next week’s Federal Reserve meeting..

It was 3.83 percent a year ago. Sam Khater, Freddie Mac’s chief economist, says, "While the continued drop in mortgage rates has paused, homebuyer demand has not. This is evident in increased.

A table of today's mortgage interest rates, plus tips on how to get the best rate. below are from a weekly survey of 100+ lenders by Freddie Mac PMMS. Some loan products like usda loans offer generally lower rates than.

MCLEAN, Va., May 30, 2019 (GLOBE NEWSWIRE) — Freddie mac (otcqb: fmcc) today released the results of its Primary Mortgage Market Survey (PMMS ), showing that the 30-year fixed-rate mortgage rate dropped below four percent for the first time since January 2018.