US long-term mortgage rates fall; 30-year average at 3.82%

Mortgage buyer Freddie Mac says the average rate on the 30-year, fixed-rate mortgage dipped to 3.82% from 3.99% last week. By contrast, a year ago the benchmark rate stood at 4.54%.

Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage dipped to 3.82% from 3.99% last week. By contrast, a year ago the benchmark rate stood at 4.54%.

WASHINGTON – 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. The declining rates.

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On June 13, Freddie Mac reported that the average rate for a 30-year fixed mortgage loan was 3.82%.. Chart: average 30-year mortgage rates over the past year.. refinancing into a lower rate and saving money over the long term.. But the recent decline in mortgage rates appears to be giving the U.S..

US long-term mortgage rates fall; 30-year average at 3.82% June 6, 2019 FILE – This April 13, 2019, file photo, shows rows of homes, in suburban Salt Lake City.

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US Long-Term Mortgage Rates Fall; 30-Year Average at 3.82% US long-term mortgage rates fall for 6th week; 30-year average at 3.82%.

Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage dipped to 3.82% from 3.99% last week. By contrast, a year ago the benchmark rate stood at 4.54%.

US Long-term Mortgage Rates Fall; 30-year Average at 3.82%; The declining rates have been a boon to potential purchasers in the spring home buying season, and the number of homeowners seizing the opportunity to refinance mortgages jumped this week.

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.

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. Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage dipped to 3.82% from 3.99% last week.

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As of July 2019, the average 15-year fixed mortgage rate was 3.47%.. As rates fall, the demand for housing generally rises and so do home prices.. Mortgage rates tend to be lower with 15-year fixed mortgages than 30-year fixed.. like lower monthly payments, you can refinance to make your mortgage term longer.