At the current average 30-year fixed
mortgage rate of 4.
The panelists are divided this week, with half predicting
mortgage rates to rise in the coming week and 42 percent expecting
mortgage rates to remain more or less unchanged.
Put together, the conditions were ripe for bond yields and
mortgage rates to retreat.
That rate was the lowest since the mortgage giant began tracking 30-year
mortgage rates in 1971.
As a result,
mortgage rates, particularly adjustable loans, soared to their highest levels in nearly a decade.
Despite
mortgage rates remaining higher than this time last year, there's more interest in the new and existing home market.
Adjustable
mortgage rates remained steady, with the 5-year ARM holding at 3.
As the century ended, economic euphoria continued and the result was higher
mortgage rates for New York luxury co-ops and condominiums in December.
Lowes Mortgage is committed to offering California
Mortgage rates online and has plans to widely distribute their website for everyone in need of a California home loan.
24, 2015 /PRNewswire/ --
Mortgage rates moved lower this week, with the benchmark 30-year fixed mortgage retreating to 4.
Last week's rate was the lowest since the mortgage giant began tracking 30-year
mortgage rates in 1971.
If you had gotten to the party early and took advantage of commercial
mortgage rates in the low 7 percent range, then you were fortunate.
