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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 or expected results, and are subject to change without notice.
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The average U.S. rate for a 30-year fixed mortgage fell to another three-year low this week, according to the latest Freddie mac primary mortgage market survey.
NEW YORK (Reuters) – Interest rates on U.S. 30-year fixed-rate mortgages fell below 4% for the first time since January 2018 in step with declining U.S. bond yields due to growing trade tension.
According to the latest data released Thursday by Freddie Mac. compare today’s rates to what we saw around last Thanksgiving, when rates were around 5 percent.” The financial markets are.
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Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Tracking through the PMMS began in March 1971. Tracking through the PMMS began in March 1971. Mortgage payments are principal and interest only, based on a $200,000 fully amortizing mortgage.
our research indicates that there can be a wide dispersion among mortgage rate offers,” Freddie Mac Chief Economist Sam Khater said. “By shopping around and getting a single additional mortgage rate.
Despite this week's uptick in mortgage rates, the housing market remains on the upswing with improvement in construction and home sales.
Find weekly and monthly mortgage-rate data, from the current week back to 1971 , when Freddie Mac's Primary Mortgage Market Survey began.
As reported by Freddie Mac, the average offered rate for a conforming 30-year fixed-rate mortgage remained unchanged from last week, holding at 3.75 percent. Prime Rate Right Now The current federal funds rate remained at 2.5 percent when the federal open market Committee met on March 21, 2019.
Concern about future world economic growth and uncertainty around trade and monetary policy have put downward pressure on interest rates. As of the first.
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