30-year, fixed-rate mortgage finishes year near record lows

30-year, fixed-rate mortgage finishes year near record lows

Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing the 30-year fixed-rate mortgage (frm. were virtually unchanged this week hovering at or near record lows.

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NEWS SUMMARY: From Freddie Mac’s weekly survey we see fixed rates largely unchanged from last week’s record lows. The average rate for a 30-year fixed rate remained exactly the same from the.

“Mortgage rates ended this year near record lows. The 30-year fixed-rate mortgage averaged 3.66 percent for 2012, the lowest annual average in at least 65 years. Rates on 30-year fixed mortgages were nearly 0.6 percentage points below that of the beginning of the year, which translates into an interest payment savings of nearly $98,600 over.

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The 30-year, fixed-rate mortgage fell to 3.88% this past week, hitting a new low and marking its seventh consecutive week below 4%, Freddie Mac said Thursday. That compares to a 30-year FRM of 3.

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Seattle Mortgage Broker: Mortgage Rates Near 3-Week Lows. Rates for home loans edged up as financial markets stabilized on hope about global trade, but held near long-time lows. The 30-year fixed-rate mortgage averaged 3.75% in the holiday-shortened July. The benchmark 15-year fixed-rate mortgage fell to 3.03 percent from 3.12 percent.

If the 30-year, fixed-rate mortgage declines. in January 2000,” said Fleming. “Record income levels combined with mortgage rates near historic lows mean consumer house-buying power is.

What is a <span id="fixed-rate-mortgage">fixed rate mortgage</span>? ‘ class=’alignleft’>The High Impact of Low Interest Rates on Your Purchasing Power According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.96%, which is still near record lows in comparison to recent history!</p>
<p>30-year fixed rate near RECORD lows. o Do you plan to stay in your home for many years? o Do you prefer a consistent mortgage payment for budget planning? o Does your peace of mind depend on a payment that never changes? If you answered "yes" to any of these questions, a 30-year fixed-rate mortgage might be right for you!</p>
<p>Mortgage rates inched up slightly this week, but continued to hover near record lows. The rate on 30-year, fixed-rate home loans averaged 4.21 percent with an average 0.8 point, up slightly from last.</p>
<p>Mortgage rates have fallen sharply to near record lows set last year. Interest rates for 30-year fixed-rate mortgages are approaching last year’s record low, and some analysts now expect that trend.</p>
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