Tag Archives: adjustable rate mortgage

Mortgage Rates Drop to 2-Year Lows

This marks the sixth consecutive weekly decline for mortgage rates, leaving some borrowers wondering how low will they go. The 30-year fixed-rate mortgage averaged 3.82% this week, the lowest average since September 2017.  “While the drop in mortgage rates is … Continue reading

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Lower Mortgage Rates May Sprout Early Spring Buying Season

Mortgage rates inched lower for the third consecutive week. Freddie Mac Chief Economist Sam Khater says the lower rates bode well for the spring home buying season, typically the busiest time of the year for home shopping. “Mortgage rates … … Continue reading

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Mortgage Rates Sink to New Low in 2014

Daily Real Estate News | Friday, August 22, 2014 Despite predictions that mortgage rates were to inch up in the second half of this year, fixed-rate mortgages continue to tumble. Borrowing costs moved lower this week, as the 30-year fixed-rate … Continue reading

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Mortgage Rates Take A Leap

Mortgage rates took a sudden jump last week, going from 3.93% to 4.46%. This is the largest weekly hike mortgage rates have seen in 26 years and have reached the highest level since July of 2011 according to Freddie Mac’s … Continue reading

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15 Year Mortgage Rate Lowest Ever

According to a weekly report from Freddie Mac, this week the mortgage rate for a 15 year fixed-rate mortgage hit an all-time low of 2.61%, down from 2.64%. This new low beat out the previous record of 2.63% recorded in November … Continue reading

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