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Mortgage rates drop to lowest level since 2013

June 27 (Reuters) – Interest rates on U.S. 30-year fixed-rate mortgages declined to their lowest levels since November 2016 as U.S. bond. economic data continues to dominate the news, the drop in.

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Mortgage rates see biggest single week drop since 2009 U.S. mortgage. hitting levels last seen since November 2016. The 30-year fixed mortgage averaged 3.73 percent for the week ending June 27, a slight change from 3.84 percent last week. A year ago,

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That’s down 11 basis points from the previous week. "Mortgage rates fell last week, touching their lowest levels since mid-2013 before edging slightly higher on Monday," said Erin Lantz, vice president of mortgages at Zillow. "This week, markets will look toward Friday’s monthly jobs report and should move upward if the data exceeds expectations.".

Rates on 30-year fixed-rate mortgages dropped to their lowest level since the end of June, amid speculation that the Fed would delay winding down its stimulus program. "Mortgage rates slid this.

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Mortgage Rates Fall To Lowest Level Since June 2013. The upshot is that American borrowers could once again benefit from global growth jitters. The Mortgage Bankers Association reported Wednesday that the rate on the average 30-year fixed-rate loan fell to 4.2% last week, from 4.3% the week before. Rates stood as high as 4.72% at the beginning of the year.

Fixed Mortgage Rates Hit Lowest Level Since June 2013 By Rachel Stults | Oct 23, 2014 After dipping below 4% last week, fixed mortgage rates hit fresh lows for the year-and analysts predict more.

These low rates mean millions more people can save money by refinancing. The benchmark 30-year fixed-rate mortgage saw a slight uptick this week to 3.95 percent from 3.94 percent, according to.

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and to the lowest level since November 2016. Sam Khater, Freddie Mac’s chief economist, says, “While the industrial and trade related economic data continues to dominate the news, the drop in mortgage.

Mortgage rates dropped to the lowest level since May 2013 amid concerns about the global economy and the Federal Reserve’s recent decision to keep interest rates from rising. A 15-year mortgage fell to 2.81 percent, and a 30-year fixed-rate mortgage dropped to 3.54 percent.

Mortgage Rates Drop to Lowest Levels in 2 Weeks May 23 2018, 3:36PM This week hadn’t been too traumatic for mortgage rates through yesterday afternoon, but neither had it been positive in any.