15 year fixed rate mortgage - Articles

Home Mortgage Rates Head Down Again

Shutterstock WASHINGTON -- Average U.S. rates on fixed mortgages declined this week after two weeks of increases, keeping home-buying affordable. Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year loan fell to 4.22 percent from to 4.35 percent last week. The average on the 15-year fixed... Continue Reading »

Mortgage Rates Rise for 2nd Straight Week

Bloomberg via Getty Images WASHINGTON -- Average U.S. rates on fixed mortgages rose for the second straight week amid some signs of economic strength. Still rates remain near historically low levels. Mortgage buyer Freddie Mac says the average rate on the 30-year loan increased to 4.35 percent from 4.16 percent last... Continue Reading »

Figuring Out the Best Mortgage for Your Home Purchase

Christopher Furlong/Getty Images By Susanna Kim A large majority of homebuyers choose a 30-year fixed rate mortgage when taking out a loan to buy a home. But it may not be the best choice of mortgages for all households. There are three reasons why homebuyers continually flock to the 30-year fixed-rate mortgage, says... Continue Reading »

Mortgage Rates Dip Slightly

Shutterstock By Marcy Gordon WASHINGTON -- Average U.S. rates for fixed mortgages declined this week but stayed close to their highest levels in two years. Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year loan fell to 4.51 percent. That's down from 4.58 percent last week, the highest since... Continue Reading »

Good News on Mortgage Rates? They're Seen as 'Stabilizing'

Markets are still seeing shifts in the wake of Federal Reserve Chairman Ben Bernanke's mid-June announcement that the Fed would slow its bond-buying program contingent on the strength of the U.S. economic recovery. By the end of the month, mortgage rates for a 30-year, fixed mortgage had jumped to 4.5 percent, up from... Continue Reading »

Mortgage Rates Drop for 1st Time in Weeks but Probably Not for Long

By Marcy Gordon WASHINGTON -- U.S. mortgage rates fell for the first time in seven week, keeping the average on the 30-year fixed loan just under 4 percent. But rates are expected to surge next week, as markets respond to Chairman Ben Bernanke's comments that the Federal Reserve will likely reduce its bond purchases later... Continue Reading »

Mortgage Rates Rise Again, To Nearly 4%

By Marcy Gordon WASHINGTON -- Fixed U.S. mortgage rates rose for the sixth straight week, putting the average rate on the 30-year loan just shy of 4 percent. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan increased to 3.98 percent. That's up from 3.91 percent last week and the highest since... Continue Reading »

Mortgage Rates Hit Another Record Low

By Martin Crutsinger WASHINGTON -- Average U.S. rates for 30-year and 15-year fixed mortgages fell to fresh record lows this week, offering more incentive for Americans to buy or refinance homes. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan fell to 3.84 percent, the lowest since long-term... Continue Reading »

30-Year Mortgage Rate Up, But Still Under 4%

WASHINGTON -- The average rate on the 30-year fixed mortgage jumped after standing pat for three straight weeks at record lows. But the rate stayed below 4 percent for the 12th straight week, keeping homebuying and refinancing attractive for those who can qualify. Mortgage buyer Freddie Mac said Thursday that the rate on... Continue Reading »

Mortgage Rate Falls to New Record Low -- Again

WASHINGTON -- The average rate on the 30-year fixed mortgage fell again this week to a record low. The eighth record low in a year is attracting few takers because most who can afford to buy or refinance have already done so. Mortgage buyer Freddie Mac said Thursday that the average rate on the 30-year fixed mortgage... Continue Reading »

Fixed Mortgage Rates Fall to New Record Lows

WASHINGTON -- The average rate on the 30-year fixed mortgage fell to a record 3.91 percent this week, the third time this year that rates have hit new lows. Freddie Mac said Thursday that the average on the 30-year home loan fell from 3.94 percent the previous week. The 3.91 percent rate is the lowest average for... Continue Reading »

Mortgage Rates Stay Flat in Wake of Record Lows

WASHINGTON -- Fixed mortgages were mostly flat this week after hitting their lowest levels in decades. But few Americans are able to capitalize on them. Freddie Mac says the average rate on the 30-year fixed mortgage stayed at 4.22 percent for the second straight week. The rate hit 4.15 percent two weeks ago, the lowest... Continue Reading »

15-Year Fixed Mortgage Rates Fall to Record Low

WASHINGTON - The average rate on a 15-year fixed mortgage has fallen to a record low, leading to an increase in refinancing applications. But cheaper loans are unlikely to lift the struggling housing market or boost the weak economy. The rate on the 15-year loan, a popular refinancing option, dropped to 3.54 percent this... Continue Reading »

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