Freddie Mac reports dip in long-term mortgage rates, says 30-year average hit ‘lowest level’ since 2017

 · According to Freddie Mac, the average interest rate on a 30-year fixed-rate mortgage was 4.52% in the week ending jul 5 compared with 4.55% in the week earlier. The 15-year fixed-rate mortgage averaged 3.99%, down five basis points, while the five-year adjustable-rate mortgage was 3.74%, down from 3.87%.

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Current mortgage rates are 4.25% for a 30-year fixed mortgage, 3.77% for a 15-year fixed. Freddie Mac reports dip in long-term mortgage rates, says 30-year average hit lowest level’ since 2017 – Long-term mortgage rates took a dip this week and the news could sit well with U.S. homeowners and people considering.

Mortgage rates moved lower during the week ended Nov. 30, with the average rate for a 30-year fixed-rate mortgage (FRM) falling to 3.9%, down from 3.92% the previous week, according to Freddie Mac’s primary mortgage market Survey.. A year ago at this time, the 30-year FRM averaged 4.08%.

According to Freddie Mac , the average interest rate on a 30-year fixed-rate mortgage was 4.52% in the week ending Jul 5 compared with 4.55% in the week earlier. The 15-year fixed-rate mortgage averaged 3.99%, down five basis points, while the five-year adjustable-rate.

U.S. 30-year mortgage rates hit 7-year peak: Freddie Mac. A week earlier, 30-year rates averaged 4.55 percent, the U.S. mortgage finance agency said. Average 15-year mortgage rates rose to 4.08 percent in the latest week from 4.01 percent, while interest rates on five-year adjustable mortgages averaged 3.82 percent, up from 3.77 percent a week earlier, Freddie Mac said.

 · July 2019 mortgage rates forecast (FHA, VA, USDA, Conventional). Mortgage agency Freddie Mac says average 30-year mortgage rates hit 3.82% in June, the lowest level.

View the latest mortgage rates from the FHFA, MBA or Freddie Mac surveys, with charts.

 · The average conventional 30-year fixed rate mortgage is now solidly in the 3s. Freddie Mac’s Primary Mortgage Market Survey (PMMS) revealed that.

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Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages slipped to 4.52 percent from 4.53 percent last week. Despite the decline in recent weeks, long-term loan rates have been running at their highest levels in seven years. The average benchmark 30-year rate reached a high this year of 4.66 percent on May 24.

Freddie. long-term stable range in each. The index combines proprietary Freddie Mac data with current local market data on home purchase applications, payment-to-income ratios (changes in home.