For the fifth consecutive week, conforming 30-year fixed rate mortgage rates have dropped to new all-time lows.
Tag Archive: Freddie Mac
Conforming mortgage rates continue to drop.
Mortgage rates improved last week for the first time in 3 weeks.
Mortgage markets improved last week as a global flight-to-quality continued.
After a brief surge north 4 percent last month, mortgage rates have settled back near their lowest levels of all-time.
After a brief run-up two weeks ago, mortgage rates are back below 4 percent.
Mortgage markets carved out a wide range last week before eventually closing close to unchanged on the week.
Mortgage markets worsened last week as the Eurozone moved closer to a bailout agreement with Greece, and the U.S. economy displayed more signs of growth. Mortgage rates climbed.
You could save 13% on your mortgage as compared to one year ago.
According to Freddie Mac’s weekly mortgage rate survey, the average 30-year fixed rate mortgage rate fell to 3.89% nationwide. This week, the Eurozone will determine whether rates rise or fall.