Freddie Mac: Mortgage rates fall even lower

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The Trump administration has unveiled its plan for privatizing Fannie Mae and Freddie Mac, the two mortgage finance giants.

Global and domestic economic concerns continue to drive down mortgage rates. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate. "Looking ahead to next week, we.

June 2019 Mortgage Rates Forecast Freddie Mac’s Mortgage Rate Survey Explained. Research Note: Freddie Mac’s Primary Mortgage market survey (pmms) is the longest running weekly survey of mortgage interest rates in the United States. Since Freddie Mac launched its survey in 1971, others have begun collecting and reporting mortgage rate information.

But those who do qualify may see their monthly mortgage payments fall to a level that they can afford to pay, even if they.

Even with thousands more homes on the market, there’s still a shortage of homes for sale. Freddie Mac. who would snag lower monthly payments by refinancing into a mortgage with a lower interest.

U.S. mortgage rates again fall lower, says Freddie Mac – Orlando Business Journal The 30-year fixed mortgage averaged 3.94 percent for the week ending June 1, down from 3.95 percent the previous.

The lower the rate, the better – even a small rise in rates can make a home that was once affordable, unaffordable. Mortgage rates change frequently and over the last 45 years they have ranged from a high of 18.63% to a low of 3.31%.

The 30-year fixed-rate mortgage is at its lowest level since the week ending May 23, 2013, when it averaged 3.59 percent. "Mortgage rates continued to fall, albeit at a slower pace," says Frank Nothaft, Freddie Mac’s chief economist. Mortgage rates are falling amid declining bond yields and oil prices, Freddie Mac notes.

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Mortgage rates could fall to fresh lows Last week, Freddie Mac reported that mortgage rates were at 13-month lows after Brexit fallout and other rate-beneficial reports. But the Fed’s new stance.

Mortgages Rates Fall Again-and the Fed Could Push Them Even Lower People looking to take out a new home loan can reasonably expect mortgage rates to move downward in the coming weeks. September.

The 15-year fixed-rate mortgage moved down 6 basis points to an average of 3.00%, according to Freddie Mac. The 5/1 adjustable-rate mortgage averaged 3.30%, falling 1 basis point.