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Interest Rates Are Down; Is It Time to Refinance Your Mortgage? As of the first week of June, long-term mortgage rates were down for the sixth consecutive week. The 30-year fixed rate average was below 4%, its lowest point since September 2017. If you’re a homeowner, you may be wondering if now’s the time to refinance.
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US long-term mortgage rates fall; 30-year average at 3.82% Mortgage rates continue to fall and the stock market was up despite a weak. certainly be a cut in short-term interest rates by the end of the year. These two factors brought the average rate on a 30-year conventional mortgage down 10. On one hand, the U.S. trade deficit came in exactly at expectations,
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