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Mortgage rates have generally been moving sideways for the past 2 weeks. This has accomplished a twofold goal of coming to terms with the strong gains seen in May as well as preparing for tomorrow’s.
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· Home buyers saw mortgage rates edge lower again this week, with rates remaining well below year ago levels. “modestly weaker consumer spending and manufacturing data, along with continued jitters around trade policy, caused interest rates to decline throughout the yield curve,” said Sam Khater, Freddie Mac’s chief economist.
U.S. long-term mortgage rates were little changed this week. The key 30-year, fixed-rate loan held steady at 3.75%..
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Home loan rates continue to fall. changed a lot of recent years and it’s become a lot more competitive.” These daily.
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But lower interest rates make housing more expensive so the deposit. Some first-time owner occupiers will benefit and some.
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Mortgage interest rates have started heading back down again this week. home mortgage rates have been hovering in a range of 5.00 percent to 5.50 percent for over a month now. Home mortgage interest rates have been whipsawed by positive and negative economic news almost on a daily basis.
· Mortgage rates are hitting their lowest level in 2 years. Matt Graham, Mortgage News Daily, and CNBC’s Diana Olick join the ‘The Exchange’ to discuss where mortgage rates.
· Freddie Mac reports the following national averages with mortgage rates for the week ending March 28: 30-year fixed-rate mortgages: averaged 4.06 percent, with an average 0.5 point, falling from last week’s 4.28 percent average. Last year at this time, 30-year rates averaged 4.40 percent.
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