Mortgage rates end the week flat

Thursday plays host to vastly more mortgage rate articles than any other day of the week. This has to do with the regular weekly. Highest rates in more than 7 years in Oct/Nov. 8-month lows by the.

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The downward trend in mortgage rates formed back in mid-November has seen mortgage rates fall to sit just above 5 th September’s 4.54%, with the latest decline marking a 7 th consecutive flat or.

Mortgage rates typically move in the same direction as the 10-year yield so it was no surprise that mortgage rates had a notable spike last week with the average rate on the 30-year fixed rate mortgage moving eleven basis points higher up to 4.58%, according to the Freddie Mac Primary Mortgage Market Survey.

They are now roughly in line with where they stood last Wednesday, the second consecutive week of flat rates after steadily increases during the first six weeks of 2018. The average prime 30-year fixed mortgage rate quoted on Zillow stands at 4.28 percent, just shy of four-year highs.

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Mortgage rates today remain at historical lows, with over 60% of mortgage holders paying rates between 3.00% and 4.90% as of 2015. We used interest rate data from Freddie Mac’s Primary Mortgage Market Survey (PMMS) to examine historical mortgage rates and the factors that have impacted their downward trend.

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Mortgage rate trends as predicted by housing authorities. Housing agencies nationwide are calling for rates in the low- to mid-4s for 2019.

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After a pretty rough conclusion last week, yesterday’s stability was a welcome change for mortgage rates at. into bonds (which helps rates) Highest rates in more than 7 years in Oct/Nov. 8-month.

Mortgage rates were slightly. it would have been great to see more month end support (traders often have to square positions before months’ ends), but we didn’t. I don’t foresee any huge motivation.