30-Year Mortgage Rates Fall to Two-Year Lows

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The 30-year fixed-rate average for this week is 1.13 percentage points below the 52-week high of 5.10 percent, and is 0.04 percentage points higher than the 52-week low of 3.93 percent.

Interest rates on U.S. 30-year, fixed-rate mortgages decreased to 13-month lows in step with lower bond yields due to worries about a slowing economy, solid investor demand for debt supply and.

Mortgage rates fall to lowest level in nearly two years. As mortgage rates dip below 4 percent, falling to nearly two-year lows, homebuyers are. the average rate for a 30-year fixed-rate mortgage has fallen to 3.82 percent.

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The average price of a fixed-rate mortgage has continued to slide. The average rate fell to a 12-month low this week, according to a survey by Freddie Mac, with 30-year fixed-rate mortgages. RATES:.

Mortgage buyer Freddie Mac said Thursday the average rate on the key 30-year mortgage dipped to 3.75% from 3.81% last week. Those are historically low levels for the 30-year rate, which a year ago.

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Mortgage rates continue their relentless decent down as average 30 year mortgage rates hit a new low for 2016. average mortgage rates moved sharply lower the past several weeks, following 10 year U.S. Treasury yields lower. Current 30 year rates are a mere 12 basis points above the all-time record low set in the fourth quarter of 2012.

Rates for a 30-year fixed mortgage struck 6.83 percent in October 1993, and the low rate prompted a huge wave in mortgage originations, worth at about $1 trillion that year.

Interest rates on U.S. 30-year, fixed-rate mortgages fell to a 10-month low in step with lower U.S. bond yields, prompted by concerns about weakening domestic growth and the Federal Reserve.

Virginia-based mortgage-finance company. The 30-year rate was last this low at the end of October. It has declined from a two-year high of 4.58 percent last August, helping support home demand..

The 30-year fixed mortgage averaged 3.75 percent for the week ending July 25, down from 3.81 percent last week. The 30-year fixed mortgage averaged 3.75 percent for the week ending July 25, down.