World News Story: Long-Term Mortgage Rates Fall as 30-Year Average Hits 3.82%

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 · Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall.

Mortgage giant Freddie Mac said Thursday the average rate on the benchmark 30-year, fixed-rate mortgage dipped to 4.75% from 4.81% last week. The key rate stood at 3.94% a year ago.

NEW YORK (CNNMoney.com) — With two more countries entering the global fight to stem the world’s financial crisis, lending rates continued to fall. funding, mortgage rates have been rising. Last.

 · Long-term U.S. mortgage rates jumped this week, marking their highest levels in seven years amid the peak home buying season. The average.

WASHINGTON (AP) – U.S. long-term mortgage rates fell this week to a 12-month low, an enticement for prospective homebuyers in the upcoming season. mortgage buyer freddie mac said Thursday the average.

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 · Average long-term mortgage rates have been rising steadily this year and are now at the highest level in almost four years. That translates into higher mortgage.

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Mortgage buyer Freddie Mac says the average rate on the benchmark 30-year mortgage ticked up this week to 3.84% from 3.82% last week. By contrast, a year ago the rate stood at 4.57%.

 · US long-term mortgage rates fall; 30-year average at 3.82% WASHINGTON (AP) – U.S. long-term mortgage rates fell for the sixth consecutive week, with the key 30-year loan average running below 4% and at its lowest point since September 2017.

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