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Mortgage rates ticked down for the week, as another tumultuous week of trade news roiled bond markets. Developments in trade discussions between the U.S. and China again took center stage this.
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30-year fixed-rate mortgage averages 3.55% for the week ending Aug. 22, 2019, down 5 basis points from 3.60% in the previous week and 4.51% at this time a year ago, according to the Freddie Mac.
After five weeks of declines, mortgage rates are at their lowest levels in 16 months. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average tumbled to 3.99.
Bloomberg’s Clair Boston says mortgage brokers are losing sleep trying to process all the demand for homeowners trying to refinance into lower mortgage rates. Bloomberg Radio’s Denise Pellegrini.
(Bloomberg) — Lenders are being flooded with applications to refinance mortgages at a pace not seen since 2016, as U.S. homeowners rush to take advantage of a recent drop in rates. The Mortgage.
Mortgage rates dropped to nearly three-year lows on China trade fears and a Fed rate cut. That's helping homeowners and buyers in the.
Cloudy early with scattered thunderstorms developing this afternoon. Storms may contain strong gusty winds. High 88F. Winds W.
Data released today showed that existing home sales rose 2.5% in July to an annual rate of 5.42 million above the 5.39 million expected. Analysts at Wells Fargo noted that price appreciation continues.
Mortgage rates were mixed today following the much-anticipated congressional testimony by Fed Chair Jerome Powell. Although these testimonies are regularly scheduled events (twice a year), they can.
After more than a month of declines, mortgage rates paused their descent ahead of next week’s Federal Reserve meeting. According to the latest data released Thursday by Freddie Mac, the 30-year.
2 days ago. Economic uncertainty drove mortgage rates down, according to Freddie Mac data released Thursday, with the popular 30-year reaching its.
Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate.
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Mortgage rates were slightly higher to start the new week, which is a pretty good outcome considering the underlying events. On Friday, we anticipated a pick-up in volatility as rates were at risk of.