· According to Freddie Mac’s latest Primary Mortgage Market Survey, U.S. mortgage rates rose modestly this 2nd week of April 2019, with the 30-year fixed-rate averaging 4.12 percent. rates moved up slightly this week while mortgage applications decreased following last week’s jump in rates.
WASHINGTON (AP) – U.S. long-term mortgage rates rose this week after three weeks of holding steady, tipped higher by expectations that the Federal Reserve could reduce interest rates soon. Mortgage buyer Freddie Mac said Thursday the average rate on the benchmark 30-year mortgage increased to 3.81% from 3.75% last week.
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.
The national average interest rate on the benchmark 30-year, fixed-rate loan was down to 4.81% this week, compared with last week’s 4.83% and 5.05% one year ago, according to Freddie Mac’s.
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Mortgage interest rates have increased for the seventh consecutive week, according to Freddie Mac’s latest Primary Mortgage Market Survey. The 30-year fixed mortgage rate reached 4.40 percent.
· Freddie Mac’s widely followed weekly survey, released early Thursday, showed the 30-year mortgage at an average interest rate of 4.04%, up from 3.87% a week ago.
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At this time last year, the 1-year ARM averaged 4.81 percent. "Interest rates for 30-year fixed mortgages followed long-term bond yields higher and rose above 5 percent this week amid a mixed set of economic data reports" said Frank Nothaft, Freddie Mac vice president and chief economist.
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Mortgage Rates Continue Retreat from Last Week’s Highs Sep 9 2013, 5:06PM Mortgage rates continued lower today, further undoing much of the damage caused by last week’s run to the highest levels.
In its weekly Primary Mortgage Market Survey, home lending giant freddie mac. fixed-rate stood at 2.98%, but that rate has now jumped from 3.03% last week to 3.1% this week. The interest rate on a.
Mortgage rates are around a two-year low, and Freddie Mac predicts they’ll stay that way through 2020. The mortgage-finance company recently revised its forecast for the average 30-year fixed-rate.