MLS Real Estate & Listings Blog

Long-term mortgage rates this week were mixed, with the 30-year fixed rate falling and the 15-year rate rising, Freddie Mac reported today.

The average rate on 30-year fixed loans dipped from 5.87 percent to 5.85 percent, while the 15-year average rose from 5.27 percent to 5.34 percent. By contrast, a year ago the 30-year averaged 6.16 percent and the 15-year averaged 5.86 percent.  more…

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Long-term mortgage interest rates were lower Wednesday, and the
benchmark 10-year Treasury bond yield sank to 3.46 percent.

The 30-year fixed-rate average dipped to 5.68 percent, and the
15-year fixed rate slipped to 5.2 percent. The 1-year adjustable rate, however, rose to 5.46 percent.

The 30-year Treasury bond yield was up at 4.31 percent.

Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.  more…

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Long-term mortgage interest rates fell Thursday, and the
benchmark 10-year Treasury bond yield dropped to 3.33 percent.

The 30-year fixed-rate average dipped to 5.62 percent, and the
15-year fixed rate sank to 5.08 percent. The 1-year adjustable rate rose to 5.53 percent.

The 30-year Treasury bond yield slipped to 4.17 percent.

Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.  more…

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Long-term mortgage rates tumbled this week after the Fed cut a key short-term interest rate and on news that inflation in February was weaker than expected, Freddie Mac reported today.

The average rate on 30-year fixed mortgages dropped to 5.87 percent from last week’s 6.13 percent, and the average 15-year fixed rate plunged to 5.27 percent from 5.6 percent.

To qualify for these rates, borrowers must pay points, or fees that lenders charge for loan processing expressed as a percent of the loan, which this week averaged 0.5 on the 30- and 15-year loans.  more…

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Long-term mortgage interest rates continued to fall Tuesday, and the
benchmark 10-year Treasury bond yield climbed to 3.49 percent.

The 30-year fixed-rate average dropped to 5.66 percent, and the
15-year fixed rate fell to 5.04 percent. The 1-year adjustable rate, however, rose to 5.34 percent.

The 30-year Treasury bond yield increased to 4.35 percent.

Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.  more…

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Long-term mortgage interest rates were down again Monday, and the
benchmark 10-year Treasury bond yield sank to 3.31 percent.

The 30-year fixed-rate average dropped to 5.74 percent, and the
15-year fixed rate fell to 5.09 percent. The 1-year adjustable rate dipped to 5.07 percent.

The 30-year Treasury bond yield decreased to 4.27 percent.

Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.  more…

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Long-term mortgage interest rates were lower Thursday, and the
benchmark 10-year Treasury bond yield rose to 3.53 percent.

The 30-year fixed-rate average dropped to 5.95 percent, and the
15-year fixed rate fell to 5.28 percent. The 1-year adjustable rate, however, climbed to 4.99 percent.

The 30-year Treasury bond yield increased to 4.45 percent.

Rates and bonds are current as of 7:15 p.m. Eastern Standard Time.  more…

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Mortgage rates were up this week, Freddie Mac reported today in its latest survey, but were still lower than they were a year ago.

The average rate on 30-year fixed-rate mortgages climbed to 6.13 percent from last week’s 6.03 percent, while the average 15-year fixed mortgage jumped from 5.47 percent to 5.6 percent. A year ago, rates on the 30- and 15-year loans averaged 6.14 percent and 5.88 percent, respectively.  more…

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