Refinance rates ease for Thursday

WASHINGTON, Aug. 30 (UPI) — Fixed mortgage rates on long-term loans in the United States abated slightly headed into a holiday weekend, the Federal Home Loan Mortgage Corp. said Thursday. For the.

Average rates for a 30-year mortgage fell to 3.6% this week, their lowest level since November 2016, from 3.75% last week, Freddie Mac said on Thursday. That’s given a lift to refinancing activity,

The average rate on a 30-year fixed rate mortgage moved up two basis points to 4.4% (0.5 points) The average rate on a 15-year fixed rate mortgage ticked up one basis point to 3.85% (0.5 points) The average rate on a 5/1-year adjustable rate mortgage rose two basis points to 3.65% (0.4 points)

Companies that released their first-quarter earnings Thursday included American Express. and the consumer balance sheet remains well positioned.” Late-payment rates on both auto loans and credit.

HDFC Bank and Bank of Baroda have reduced the marginal cost-based lending rate for two- and three-years tenors by 5 basis points and 10 basis points respectively. HDFC Bank on Thursday reduced. The.

Compare mortgage rates in your area now.. 30-year fixed mortgages. The average rate you’ll pay for a 30-year fixed mortgage is 4.17 percent, a decrease of 14 basis points from a week ago.

Mortgage buyer Freddie Mac said Thursday the rate on 30-year, fixed-rate mortgages eased to an average 4.83 percent this week from 4.86 percent last week. A year ago, it stood at 3.94 percent. The.

Rates for home loans mostly held steady, and even declined slightly. unchanged during the week, Freddie Mac said Thursday. Nearly halfway through the year, the popular product has managed a weekly.

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Mortgage buyer Freddie Mac said Thursday the average rate on the benchmark 30-year mortgage fell to 3.73% from 3.84% last week. By contrast, a year ago the rate stood at 4.55%. The average rate for 15.

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The average rate for a 10-year fixed-refinance loan is 3.41 percent, down 5 basis points over the last seven days. Monthly payments on a 10-year fixed-rate refi at 3.41 percent would cost $986.99.

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The average rate on a 30-year fixed rate mortgage moved up two basis points to 4.4% (0.5 points) The average rate on a 15-year fixed rate mortgage ticked up one basis point to 3.85% (0.5 points) The average rate on a 5/1-year adjustable rate mortgage rose two basis points to 3.65% (0.4 points)

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