Mortgage rates rose for the third straight week this week. Could this be the end of rock-bottom mortgage rates?
This week, for the first time since mid-June, the 30-year fixed rate mortgage rate climbed on a week-over-week basis, moving 6 basis points to 3.55%, on average.
30-year fixed rate mortgage rates have now dropped through 5 consecutive weeks, and in 11 of the last 12 weeks.
Analysts made bold calls at the start of the year about the housing and mortgage markets. How good were their predictions?
30-year fixed rate mortgage rates made new, all-time lows once again this week.
The national average 30-year fixed rate mortgage rate fell 5 basis points to 3.66% this week.
Today’s mortgage rates are a bargain as compared to just 1 year ago.
For the fifth consecutive week, conforming 30-year fixed rate mortgage rates have dropped to new all-time lows.
Conforming mortgage rates continue to drop.
For the first time in more than 40 years, data from Freddie Mac’s weekly Primary Mortgage Market Survey shows the average 30-year fixed rate mortgage falling below 4 percent, dropping to 3.94 percent nationwide. It’s the lowest average 30-year fixed reading in the survey’s history.