Mortgage rates slide to 6-week low as North Korea worries drive bond rally

Getty ImagesMortgage rates remain affordable for many would-be buyers. Rates for home loans slid to a 6-week low as mounting geopolitical worries drove investors into safe-haven bonds, mortgage provider Freddie Mac said Thursday. The 30-year fixed-rate mortgage averaged 3.90% in the August 10 week, down from 3.93%. The 15-year fixed-rate […]

Mortgage rates slide for Tuesday

Several closely watched mortgage rates dropped today. The average rates on 30-year fixed and 15-year fixed mortgages both dropped. Meanwhile, the average rate on 5/1 adjustable-rate mortgages also trended down. Mortgage rates are in a constant state of flux, but they remain much lower overall than they were before the […]

Mortgage rates slide to fresh 2017 low as inflation slips through Fed’s fingers

The benchmark rate for home loans remained in free fall in the most recent week in the wake of lackluster economic data that hinted the central bank may be slower to raise interest rates than it expects, mortgage provider Freddie Mac said Thursday. The 30-year fixed-rate mortgage averaged 3.94%, down […]