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Tag Archives: interest rates

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  2. Entries tagged with "interest rates"

Average rate on 30-year mortgage falls to 3.66%

NewsBy Starr Custom HomesJanuary 19, 2015Leave a comment

— Associated Press WASHINGTON (AP) – Jan. 16, 2015 – Average long-term U.S. mortgage rates fell for the third straight week, with the benchmark 30-year rate again marking its lowest level since May 2013. The average for a 15-year mortgage, a popular choice for people who are refinancing, dipped below 3 percent for the first…

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End-of-year mortgage rates remain below 4%

NewsBy Starr Custom HomesJanuary 6, 2015Leave a comment

by Paul Wiseman, Associated Press WASHINGTON (AP) – Jan. 5, 2015 – Average U.S. mortgage rates rose slightly last week, but the benchmark 30-year rate stayed near a 19-month low. Mortgage giant Freddie Mac says the nationwide average for a 30-year fixed rate mortgage increased to 3.87 percent last week, up from 3.83 percent one…

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Buyers have ways to reduce closing costs

NewsBy Starr Custom HomesDecember 20, 2014Leave a comment

NEW YORK – Dec. 19, 2014 – Closing costs can add a lot to home buyers’ final price, depending on which lender a buyer uses, which state they live in, the price of the home, and sometimes even the day of the month the closing occurs, The Wall Street Journal reports. Borrowers can reduce their…

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Average 30-year loan rate up, but still under 4%

NewsBy Starr Custom HomesNovember 2, 2014Leave a comment

WASHINGTON (AP) – Oct. 31, 2014 – Average U.S. long-term mortgage rates arrested their five-week decline this week, but the benchmark 30-year loan remained below 4 percent. Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year mortgage rose to 3.98 percent from 3.92 percent last week. It remained at its lowest level…

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Average 30-year mortgage rate this week: 4.12%

NewsBy Starr Custom HomesAugust 26, 2014Leave a comment

WASHINGTON (AP) – Aug. 15, 2014 – Average long-term U.S. mortgage rates declined this week, approaching their lows for the year. Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year loan slipped to 4.12 percent from 4.14 percent last week. The average for a 15-year mortgage, a popular choice for people who…

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