Freddie Mac: Mortgage rates fall even lower

The average rate for a 30-year, fixed-rate mortgage dropped to 4.14% in April from 4.27% in March, according to Freddie Mac, the mortgage loan company. The average rate in 2018 was 4.54%.. Home sales fall again despite lower mortgage rates.

Mortgage rates fell for the sixth straight week, according to a widely watched survey of lenders, with the 30-year fixed loan at an even 4.60%, its lowest level since fall.. That was down a notch from 4.61% the week before, government-controlled home lending giant Freddie Mac said.

Mortgage rates improved again today, keeping the week-over-week move decidedly friendly. For more on the weekly move, see the in-depth discussion in yesterday’s coverage (read more.). Long story.

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.

U.S. 30-year mortgage rates fall to 13-month low – Freddie mac. 1 min read. fixed-rate mortgages decreased to 13-month lows in step with lower bond yields due to worries about a slowing economy.

CoreLogic: Market to blame for pushing home prices higher  · The median home price in the Portland area was $385,000 in February, according to the Regional Multiple Listing Service. It climbed to $395,000 in March. — Elliot Njus

But despite lower mortgage rates that could fall even further if the Fed carries through with expected interest rate cuts sometime this year, potential home buyers aren’t taking the bait.

Long Term Mortgage Rates Fall Even Lower, According To Freddie Mac Weekly Survey. February 28, 2003. One-Year ARM Creeps Up As Fees & Points Slip Slightly. McLean, VA – In Freddie Mac’s Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 5.79 percent, with an average 0.

Mortgage rates sank even further, marking the fifth consecutive week of declines amid ongoing market volatility, the latest Freddie Mac Primary Mortgage Market. believes that interest rates will.

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U.S. 30-year mortgage rates fall to lowest since November 2016: Freddie. the Federal Reserve may lower interest rates as early as July, Freddie Mac said on Thursday.. Federal Reserve may.

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Mortgage rates tend to behave like the yield on the 10-year Treasury note, which dropped below 2% for the first time since 2016 after the Fed issued its statement.. Freddie Mac this week made.

Mortgage. rates did the exact opposite of what they’re actually doing. Case in point, last Thu/Fri, rates were rising fairly quickly, but that rise wasn’t captured by the Freddie survey. This.

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