Mortgage rates remain in monthlong slide, falling to lowest levels in 5 months

US average mortgage rates steady; 30-year average stays at 4.45 percent.. after falling for six straight weeks to reach their lowest levels in nine months.. Rates remain far above last year.

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Mortgage rates fall to six-month low. with the average rate of a 30-year fixed-rate mortgage dropping to the lowest level in more than six months. The average rate is 4.09% this week, the.

Mortgage rates followed suit, hitting their lowest levels since late 2017. Rates did edge higher in recent days, however, in response to Federal Reserve Chairman Jerome Powell’s suggestion that a cut to the federal funds rate may be necessary in the near term.

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Mortgage buyer Freddie Mac said Thursday the average rate on the benchmark 30-year, fixed-rate mortgage dipped to 4.45 percent this week from 4.51 percent last week. Rates remain far above last year’s levels, however. The key 30-year rate averaged 3.99 percent a year ago. The average rate for 15-year fixed-rate loans fell to 3.89 percent from 3.

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Mortgage rates today, March 13, 2018, plus lock recommendations These rates assume a top tier scenario with no negative adjustments. Today’s victory. If you do wish to lock, wait until as late as possible to allow your lender time to reprice for the better..

Mortgage rates plummeted across the board for other loan products, too. The 15-year fixed mortgage rate also dropped 14 basis points to 3.41 percent and the 5/1 adjustable mortgage rate fell 13.

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Buying vs Leasing a Car 101: How to pick the BEST choice US average mortgage rates fall; 30-year at 4.45 percent – Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year fixed-rate mortgage dipped from 4.51 percent last week to 4.45 percent. Rates remain far above last year’s levels, however. The key 30-year rate averaged 3.99 percent a year ago. The average rate for 15-year fixed-rate loans fell from 3.99 percent last.