Mortgage Rates Drop Slightly

NEW YORK (Reuters) – U.S. mortgage applications decreased last week. Historically, government refinance activity lags slightly in response to rate changes,” Joel Kan, MBA’s associate vice president.

The recent drop in mortgage rates may have you dreaming of buying. (Like Fannie Mae, Freddie Mac is a government-sponsored mortgage company.) Rates have since fluctuated slightly. The average.

Fixed Mortgage Rates Drop Slightly. Fixed mortgage rates moved slightly lower this week, freddie mac reported june 19 in its weekly Primary mortgage market survey. The 30-year fixed-rate fell 0.03 percent to 4.17 percent (up from 3.93 percent a year ago). The 15-year fixed-rate decreased 0.01 percent to 3.30 percent (up from 3.04 percent a year.

Mortgage Rates Drop Slightly Freddie Mac Sam Khater, Freddie Mac’s chief economist, says, "Investors wary of the current economic situation due to ongoing trade disputes resorted to the bond market, causing the 10-year treasury yield to decrease.

Mortgage rates declined modestly this week breaking a three-week string of increases, with the benchmark 30-year fixed mortgage rate slipping to 3.90 percent, according to’s weekly.

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The average rate for a 15-year fixed rate mortgage was 3.25%, down slightly from 3.26% last week. “While the continued drop in mortgage rates has paused, homebuyer demand has not, says Sam Khater,

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Mortgage Rates Drop Slightly As Mortgage Applications Decrease This first week of October 2015 has begun with lower fixed-mortgages than last month, while adjustable-rate mortgages have remained unchanged compared to a week earlier.

Are mortgage borrowers sensitive to small movements in interest rates. Slight uptick in interest rates leads to decline in mortgage applications.

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Mortgage applications fell for the fourth straight. "Applications to refinance and purchase a home both fell, but purchase activity still remained slightly above year ago levels. The drop in.

Mortgage Rates Move Down Slightly Posted on April 23, 2015 by Inlanta Mortgage Freddie Mac released the results of its Primary Mortgage Market Survey (PMMS ) showing average fixed mortgage rates moving down slightly and remaining near their 2015 lows as the spring home buying season continues.

WASHINGTON (AP) – U.S. long-term mortgage rates are close to historic lows despite a modest uptick in the averages this week, according to mortgage buyer Freddie Mac. WASHINGTON (AP) – U.S. long-term mortgage rates ticked up slightly this week, yet they remain near historic lows. Mortgage buyer.