US long-term mortgage rates fall; 30-year average below 4%

4 days ago. Focus on Fiber Arts: Annual crawl celebrates the fall yarn season – Photo. US long-term mortgage rates rise, with 30-year at 3.56%. Average rates on the benchmark loan have remained below 3.6% for four straight. The average rate for 15-year, fixed-rate home loans rose to 3.09% from 3% last week.

WASHINGTON (AP) – U.S. long-term mortgage rates fell for the fifth consecutive week, tipping the key 30-year loan average below 4% for the first time in nearly a year and a half.

 · US long-term mortgage rates fall; 30-year average below 4% May 30, 2019 FILE – In this Wednesday, Feb. 20, 2019, photo a price reduced for sale sign sit in front of a home in north Dallas.

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Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year, fixed-rate mortgage fell to 3.99% from 4.06% last week. It was the first time it ran below 4% since January 2018. By contrast, a year ago the benchmark rate stood at 4.56%.

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Washington – U.S. long-term mortgage rates fell for the fifth consecutive week, tipping the key 30-year loan average below 4% for the first time in nearly a year and a half.

WASHINGTON (AP) – U.S. long-term mortgage rates fell for the sixth consecutive week, with the key 30-year loan average running below 4% and at its lowest point since September 2017. The declining rates have been a boon to potential purchasers in the spring home buying season, and the number of.

Mortgage rates are now nearly 2% below where experts thought they would be.. Interestingly, most agreed that 30-year fixed rates would average 5.5%.. If rates fall further, say because the U.S. economy falters and sinks into a. the appropriate long-term fixed-rate product, like a 30- or 15-year fixed rate.

If you do a web search for “mortgage rates” you'll likely see a list of interest rates. is said to be the best indicator to determine whether mortgage rates will rise or fall. But why? Though most mortgages are packaged as 30-year products, the average. also known as Intermediate Term Bonds, and long-term fixed mortgages,

US long-term mortgage rates fell this week, tipping the key 30-year loan average below 4% for the first time in nearly a year and a half.

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