30-year mortgage rates hit 2017 low: 3.88

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Last week, the 30-year fixed-rate was 3.88 percent, and last year at this time, it averaged 4.71 percent. The 15-year fixed mortgage averaged 3.07 percent (0.7 point), also below its all-time record.

The 30-year fixed mortgage rate (FRM) as charted by Freddie Mac has fallen to its lowest level since November 10, 2016.The benchmark rate averaged 3.86.

 · The interest rates on 30-year mortgages averaged 3.60% in the week ended aug. 8, down from 3.75% the week before and 4.59% a year earlier, the mortgage finance agency said.

Mortgage rates hit new historic lows this week, as the average 30-year fixed rate fell to 3.87 percent, according to Freddie Mac Mortgage Market Survey released Thursday. The 30-year dropped this week after nudging up a bit last week to 3.98 percent, but overall the rate has remained below 4 percent for.

 · U.S. mortgage rates fall to 2017 low point. After holding steady in recent weeks, U.S. mortgages have fallen to their 2017 low mark, according to Freddie Mac. The 30-year fixed mortgage.

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The 30-year, fixed-rate mortgage fell to 3.88% this past week, hitting a new low and marking its seventh consecutive week below 4%, Freddie Mac said Thursday. That compares to a 30-year FRM of 3.89% a week earlier and 4.74% last year. Meanwhile, the 15-year FRM hit 3.17%, up from 3.16.

View daily mortgage and refinance interest rates for a variety of mortgage products, and learn how we can help you reach your home financing Use annual percentage rate APR, which includes fees and costs, to compare rates across lenders. Conforming and Government Loans. 30-Year Fixed Rate.

30-Year Mortgage Rate. 15-Year Mortgage Rate. we’re here to help you think through how you would toggle between the financial plus of a low initial rate and the potential hit of rising mortgage.

Unless fixed mortgage interest rates are high, 30-year FRMs are usually the best choice, especially for first-time homebuyers. Stable payments make budget planning easier both now and into the future. While a shorter-term fixed-rate mortgage would carry lower interest rates and total interest costs.

Interest rates on U.S. 30-year, fixed-rate mortgages decreased to their lowest levels since mid-September in line with lower U.S. bond yields Thirty-year mortgage rates averaged 4.63 percent in the week ended Dec. 13, which was the lowest since they averaged 4.60 percent in the week of Sept.