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Fixed mortgage rates hit 50-year lows: Freddie Mac

Fixed mortgage rates tumbled after falling oil prices and anxiety over a European bank helped drive U.S. Treasury yields to their lowest level in three weeks. With shares of Deutsche Bank plummeting.

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Fixed mortgage rates have reached a 12-month low, according to a report from Freddie Mac. Freddie on Thursday released results of its Primary Mortgage Market Survey, which found that 30-year fixed-rate mortgages have hit their lowest levels since early 2018. "The combination of cooling inflation and slower global economic growth led mortgage rates to drift down to the lowest levels in a year.

U.S. mortgage rates hit their. 30-year fixed loan fell to 4.15 percent in the week that ended today, down from 4.32%. That was the lowest in more than a half century, according to Freddie Mac’s.

Mortgage rates hit their lowest levels since November 2016 on the heels of the Federal Reserve meeting last week. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate.

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From Freddie Mac’s weekly survey: The 30-year fixed rate improved again, averaging 3.58 percent. Even though that’s just 1 basis point lower than last week’s 3.59 percent, it was the lowest rate since.

The average for 30-year, fixed-rate home loans hit a record low this week, the most affordable in more than 50 years, according to the weekly survey by mortgage giant Freddie Mac. Thirty-year.

One analysis indicates that rates have hit a 50-year low. 30-Year Fixed Mortgage. The average 30-year fixed rate mortgage was 4.90 percent Friday, according to data collected by Best Syndication News. Rates dropped from 4.94 percent Thursday and 4.97 percent last Friday. Freddie Mac calculated the average to be 4.84 percent this last week.

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The rate on the popular 30-year fixed. Freddie Mac’s Primary Mortgage Rate Survey published on Sept. 14. The rate was 3.5 percent during the same week last year. The rate hit a 2017 high of 4.32.

5-Year Fixed-Rate Historic Tables HTML / Excel Weekly PMMS Survey Opinions, estimates, forecasts and other views contained in this document are those of Freddie Mac’s Economic & Housing Research group, do not necessarily represent the views of Freddie Mac or its management, should not be construed as indicating Freddie Mac’s business prospects.