Mortgage rates drop to 16-month low

It’s more affordable to buy a house today as mortgage rates have dropped to a 16-month low. According to Freddie Mac, the 30-year fixed rate mortgage declined to 3.99%, and 3.46% for a fifteen.

Mortgage Rates Drop to 16-Month Lows After fed minutes oct 8 2014, 5:14pm mortgage rates put on quite the show today, bringing the crowd to the edge of their seats before knocking it out of the park.

Muncie-based MutualBank has rehired Jessica Denton as a mortgage lender. She most recently served as a mortgage lender at Horizon Bank. Denton started her career in banking at Mutual in 2010..

This is the first time rates have dropped below 4% since January 2018." data-reactid="15>It’s more affordable to buy a house today as mortgage rates have dropped to a 16-month low. According to Freddie Mac , the 30-year fixed rate mortgage declined to 3.99%, and 3.46% for a fifteen-year fixed rate, both with an average half a.

Fixed mortgage rates sank to a 10-month low this week amid uncertainty about the health of the economy. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate.

Conventional Mortgage Rates Drop To A 24 Month Low Conventional Mortgage Rates hit a 24 month low. – The Federal Reserve Board has announced they will not be increasing interest rates for the.

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According to Zillow, rates are currently at a 16 month low. Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgages at 3.81 percent, down from 3.96 percent at this same time last week.

It’s more affordable to buy a house today as mortgage rates have dropped to a 16-month low. According to Freddie Mac, the 30-year fixed rate mortgage declined to 3.99%, and 3.46% for a fifteen-year fixed rate, both with an average half a point.

The latest mortgage-rate drop comes after the 10-year Treasury yield hit its own 16-month low of 1.865% last week. It’s a second straight week of a sub-4% average 30-year mortgage yield, and it.

Mortgage Rates: You’d Better Shop Around 3 No-Brainer Reasons to Get a 30-Year Mortgage – Be sure to shop around and compare mortgage rates when you’re looking to buy a home, as a little digging might turn up a better rate than you’d hoped for. Still, a lower monthly payment means more.Mortgage Rates Start 2016 Below 4%; Top 5 States Americans Are Moving To Here’s where Americans’ debt levels stand at year end, and a look ahead, based on new studies and forecasts from TransUnion and nerdwallet. household credit card debt, at $747 billion in 2016’s third.

Lower mortgages bring more home buyers: Redfin CEO Mortgage Rates Drop To 16-Month Low October 23, 2014 As we expected , the average rate for a conforming 30-year fixed-rate mortgage dropped to its lowest point in over a year, down from 3.97 percent to 3.92 percent over the past week and versus 4.13 percent at the same time last year.