Mortgage buyer Freddie Mac said Thursday the average rate for the 30-year loan declined to 4.21 percent from 4.29 percent last week. The average for the 15-year mortgage eased to 3.32 percent from 3.38 percent. Mortgage rates have risen almost a full percentage point since hitting record lows about a year ago.
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WASHINGTON (AP) — Average U.S. rates on fixed mortgages fell this week for a second straight week as the spring home-buying season has gotten off to a slow start. Mortgage buyer Freddie Mac said Thursday the average rate for the 30-year loan declined to 4.21 percent from 4.29 percent last week. The.
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The 30-year mortgage rates increased by more than a half a percentage point to 6.74 percent during May-June 2007, affecting borrowers with the best credit just as a crackdown in subprime lending standards limits the pool of qualified buyers.
Average U.S. rates on fixed mortgages fell this week for the second straight week as the spring home-buying season begins.
US Mortgage Implements CompenSafe from LBA Ware to Automatically Calculate LO Compensation | Florida Newswire MACON, Ga., Sept. 11, 2017 (SEND2PRESS NEWSWIRE) — LBA Ware, a leading provider of automated compensation software and systems integration solutions for mortgage lending and retail banking, announced that Melville, New York-based US Mortgage Corporation (US Mortgage) has implemented CompenSafe to automatically calculate commissions for its loan originators and operations staff located in 24.
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"The U.S. weekly average for the 30-year fixed mortgage rate rose above 4 percent for the first time since last summer to 4.04 percent in this week’s survey," says Len Kiefer, deputy chief economist at Freddie Mac. "This is the highest weekly average for the 30-year fixed rate mortgage since May of 2017.
WASHINGTON (MarketWatch) — The average rate for a 30-year fixed-rate mortgage fell to 4.12% in the week that ended Oct. 9, hitting the lowest rate in a month, from the prior week’s reading of 4.