Connect with us

Hot world news

Long-term mortgage rates near historic lows: 30-year 3.55%

Long-term mortgage rates near historic lows: 30-year 3.55%

ECONOMIC NEWS

Long-term mortgage rates near historic lows: 30-year 3.55%


U.S. long-term mortgage rates are near historically low levels this week with the average on the benchmark 30-year loan falling to its lowest level since November 2016.

The low borrowing rates have been a boon for homebuyers, even as global financial markets are roiled by concerns over the global economy. Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year loan declined to 3.55% this week, from 3.60% last week. By contrast, the rate stood at 4.51% a year ago.

The average mortgage rate for 15-year, fixed-rate home loans eased to 3.03%, from 3.07% last week.



Source link

Continue Reading
You may also like...
5 Comments

5 Comments

  1. froleprotrem

    at

    Merely wanna input on few general things, The website layout is perfect, the subject material is real great : D.

  2. the original source

    at

    Lovely just what I was searching for.Thanks to the author for taking his clock time on this one.

  3. try this web-site

    at

    It is really a nice and helpful piece of information. I’m glad that you shared this helpful information with us. Please keep us informed like this. Thank you for sharing.

  4. visit this website

    at

    I reckon something genuinely interesting about your weblog so I saved to bookmarks.

  5. click here for more info

    at

    Some genuinely nice and useful information on this website , also I conceive the layout has superb features.

Leave a Reply

Your email address will not be published. Required fields are marked *

More in ECONOMIC NEWS

To Top
error: Content is protected !!