Mortgage rates dropped to a record low

Mortgage. continued to offer rates that were very close to the lowest levels in more than a year. Only a handful of days have been any better, and all of them have occurred in the past 2 months..

Mortgage rates fell for the second straight week to the lowest point in five decades, but it may not be enough to jump-start the housing market. Mortgage company Freddie Mac said Thursday the average rate for 30-year fixed loans dropped to 4.57 percent.

The 5-year Treasury indexed hybrid adjustable rate mortgage hit an average of 3.18% for the week, down from 3.25% last week to also hit a new record low. A year ago the same ARM averaged 3.63%. The sudden drop in rates came after Congress reached a deal on the U.S. budget deadline fearing an economic collapse.

 · U.S. mortgage rates dropped in the past week, with 30-year fixed-rate loans tumbling to their lowest level in 39 years, according to a survey released on Thursday by Freddie Mac, the second-largest U.S. mortgage finance company. Interest rates on 15-year fixed-rate and.

 · Mortgage rates in the U.S. have reached a new record low, with the interest rate on a 30-year fixed-rate loan averaging 3.91 percent this week, according to Freddie Mac.

 · Comstock/Thinkstock(NEW YORK) — Fixed mortgage rates dipped to a record low for the second consecutive week as borrowing costs remain low to support the housing recovery.The 30-year fixed-rate.

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Wisconsin’s unemployment rate dropped to a record low 2.8% in April, state officials said Thursday. The number of Wisconsin residents counted as unemployed in April was 88,100 – the lowest.

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Mortgage rates dropped to their lowest levels in nearly 40 years this week, further lowered by the Federal Reserve’s plan to buy up $18 billion in government debt. The average interest rate for a.

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For the second week in a row, mortgage rates dropped to a new record low. This morning, Freddie Mac reported 3.31 percent with an average 0.7 point as the average on a 30-year fixed-rate mortgage. From Freddie Mac vice president and chief economist Frank Nothaft: Fixed mortgage rates continued to.

Mortgage rates continue to drop. Since the start of the year, the average 30-year conventional fixed rate mortgage is down more than a half-percentage point, and the 15-year fixed rate mortgage.

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