Mortgage Rates Hold Steady

Mortgage Rates Hold Steady

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Mortgage rates held steady today, which is a victory in light of yesterday’s big jump higher. Part of that jump was due to fear that today’s jobs report would strike a similar tone to some of this.

Mortgage rates were flat in the week ending 1 st August. 30-year fixed rates held steady at 3.75% following a 6 basis point fall in the week ending 25 th July. The flat week left 30-year rates close.

This week, the 30-year, fixed-rate mortgage held steady from one week prior, averaging 3.6%. This rate sits significantly lower than its 2018.

Sam Khater, Freddie Mac’s Chief Economist says, "Mortgage rates inched up slightly this week, closing the month with the 30-year fixed-rate mortgage rate averaging 3.6 percent – almost a full percent from the same time last year.

The fee on 15-year mortgages held steady at 0.4 points. The average rate for five-year adjustable-rate mortgages rose to 3.87 percent from 3.83 percent last week. The fee was unchanged at 0.3 points.

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Mortgage Rates Hold Steady. Email Print friendly share.. 30-year fixed-rate mortgage (FRM) averaged 3.82 percent with an average 0.6 point for the week ending June 13, 2019, unchanged from last.

30-year fixed-rate mortgage averages 3.75% for the week ending Aug. 1, 2019, unchanged from the previous week and vs. 4.60% at this time.

While the rise in mortgage rates has pressured lower income household disposable incomes, a continued tightening in labor market conditions, an improvement in economic indicators and an easing in.

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WASHINGTON – US long-term mortgage rates held steady for the second straight week, sticking at their lowest levels in nine months after six weeks of decline. Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year fixed-rate mortgage was unchanged from last week, 4.45 percent.

Mortgage rates were basically flat this week, with the average rate for a 30-year fixed rate mortgage at 3.75%, unchanged from last week, according to Freddie Mac’s Primary Mortgage Market Survey. A.

Mortgage rates stayed steady at the lowest levels in more than 3 weeks as financial markets are still accounting for additional risks relating to Turkey. Simply put, Turkey is in the midst of a.

Mortgage rates tick up amid see-sawing trade discussions. Although the benchmark 30-year fixed rate saw a double-digit jump this week, there’s no need for consumers to panic. Find out why.

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