Mortgage Rates Eerily Steady at Historic Lows

WASHINGTON (AP) – Average U.S. rates on fixed mortgages edged up this week but remained near historic lows. Low rates have helped drive the housing market’s steady recovery. MORE: New mortgage program.

The five-year adjustable rate average fell to 3.82 percent with an average 0.3 point. It was 3.87 percent a week ago and 3.17 percent a year ago. “Mortgage rates have hit the late-summer doldrums,

As the real estate market anxiously awaits the Federal Reserve’s decision on the future of interest rates, mortgage rates held steady this week. rates are likely to remain low by historical.

Mortgage Rates hold eerily steady May 20 2016, 4:28PM Mortgage rates held mostly steady today, as some lenders were just barely higher and others slightly lower than yesterday’s latest levels.

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You can also consider a fixed-rate mortgage with a 15-year term and pay a lower interest rate, but your monthly payments will be higher. Georgia’s average 30-year fixed-rate mortgage rate is 3.5%. Georgia Jumbo Loan Rates . A jumbo loan exceeds the conforming loan limit, which in the vast majority of Georgia’s counties is $453,100. That.

Mortgage rates remained virtually unchanged from one week ago, holding steady at near record-low levels in two weekly surveys. The Freddie Mac weekly survey put the average interest rate for a 30.

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Historical Mortgage Rates in Oregon . From its coastlines to its coffee, Oregon is a blend of natural beauty and avant-garde culture. From Portland to Salem to Crater Lake National Park, Oregon can be a beautiful place to live. Oregon mortgage rates are typically lower than the national average.

Oil prices held steady at $52 a barrel (neutral for mortgage rates, because energy prices play a large role in creating inflation) The yield on 10-year Treasuries inched up to 2.10 percent from 2.

When Interest Rates Hold Steady. If you were to buy a home for $300,000 with a 20% down payment and finance the remainder with a fixed-rate 30-year loan at 4.5% your monthly payment would be $1,216.04. Financing the same home at 6% would raise your payments to $1,438.92, over $200 more a month.

Mortgage Rates Trickle to 1-Month Lows Rates Hit 1 month lows. october 7th, 2014. Interest rates continued to gradually move slower last week. The Mortgage Backed Security (MBS) market finished the week trading up + 45 bps – pushing interest rates in line with their lowest levels in a month.