Mortgage Rates Nudge Slightly Lower This Week

The Washington Post headline said it all: “Mortgage rates move slightly higher but could be headed back down again.” Mortgage News Daily reported the same: a slight nudge upward, then back down: “By holding flat, rates remain very close to the best levels seen in more than 8 months.” The consensus was all but unanimous, with even Freddie Mac predicting that “mortgage rates are likely.

Mortgage. slightly, even after adjusting for the July 4th holiday, as we saw opposing moves in purchase and refinance applications over the week.. Borrowers have been less sensitive to low.

Fixed Mortgage Rates in U.S. Nudge Lower in Late October.. the average fixed mortgage rate fell slightly in late October amid market expectations of no rate increase by the Federal. declining just 3 basis points to 3.76 percent this week. While the FOMC left rates unchanged at this meeting.

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“Slightly weaker inflation and labor economic data caused mortgage rates to dip this week,” Sam Khater, Freddie Mac’s chief economist, said in a statement. “Moving into summer, we expect rates to be.

The reason VA loans are able to charge a lower rate than other mortgages is the Veteran’s Administration guarantees to pay the lender up to 25% of the value of the home, up to the maximum guarantee limit of $484,350 across most of the country.

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The December 17 release of Freddie Mac’s Primary Mortgage market survey (pmms) results shows fixed mortgage rates ticking slightly higher for the second week in a row amid the Federal Reserve’s decision to raise short-term interest rates for the first time since 2006.

released the results of its Primary Mortgage Market Survey (PMMS ), showing average fixed mortgage rates falling slightly lower amid market expectations of no rate increase by the Federal Reserve. News Facts 30-year fixed-rate mortgage (FRM) averaged 3.76 percent with an average 0.6 point for the week ending October 29,

Mortgage Rates Nudge Lower By. (PMMS), showing average fixed mortgage rates moving slightly lower from the previous week, remaining near their all-time record lows.. 15-year FRM this week. There’s a contradiction between the increasingly inverted yield curve and the revival in housing due to lower mortgage rates.

You don’t want to miss a chance to lock in a low rate. This week’s average for a 30-year fixed-rate mortgage is now 3.84%, up slightly from last week’s 3.82%, says mortgage company Freddie Mac. The.