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Mortgage rates drop for the first time in four weeks

Delinquency rate hits record low, foreclosures keep falling

U.S Mortgages – Up for the First Time in 4-Weeks. The Refinance Index fell by 4% to the lowest level since December 2000, in the week ending 6 th July, following the previous week’s 2% fall, with the refinance share of mortgages falling from 37.2% to 34.8%, the fall taking the refinance share of mortgages to the lowest level since August 2008.

Mortgage Rates Drop For The First Time In 4 Weeks After 4 weeks of rising costs, Brentwood mortgage rates finally recede. According to Freddie Mac’s weekly primary mortgage market survey , the average 30-year fixed rate mortgage rate dropped 7 basis points to 3.59% this week.

The 30-year fixed-rate mortgage averaged 4.14% for the week ending May 2, down from last week when it averaged 4.2%, Freddie Mac said. Over the four week period, the 30-year FRM increased 12 basis points.

The FINANCIAL — Freddie Mac on March 15 released the results of its Primary Mortgage Market Survey (PMMS), showing the 30-year fixed mortgage rate dropping after nine consecutive weeks of.

 · Unemployment Claims Drop for First Time in Month. mortgage buyer Freddie Mac said the average rate for a 30-year fixed loan fell to 4.36 percent this week. That’s the ninth time in 10 weeks.

NEW YORK (Reuters) – U.S. mortgage applications to buy a home and to refinance one recorded their steepest weekly decline in four months as some mortgage rates increased. high last week. The.

Application volume rises even with little movement in rates The overall rise in purchase. to the lower rates, resulting in a mini-boom in mortgage applications, both purchase and refinance,” said Fleming. “In fact, according to the Mortgage Bankers.

Mortgage rates continue to drop Mortgage Rates Drop For The First Time In 4 Weeks After 4 weeks of rising costs, Naples mortgage rates finally recede. According to Freddie Mac’s weekly Primary Mortgage Market Survey , the average 30-year fixed rate mortgage rate dropped 7 basis points to 3.59% this week.

Home equity alternative Point raises $122M in new funding Point, which enables homeowners to tap into some of their home equity using a model similar to a reverse mortgage, reports that it has raised $22 million in Series B equity funding as well as a platform capital commitment of $100 million which it will use to fund its ongoing expansion.

Despite appearances, the low-rate spurred rally in mortgage applications reported. decreased more than 3 percent last week, but were still up almost 4 percent from last year. Strong demand from.

The 30-year fixed-rate mortgage averaged 4.14% for the week ending May 2, down from last week when it averaged 4.2%, Freddie Mac said. Over the four week period, the 30-year FRM increased 12 basis points. A year ago at this time, the 30-year fixed-rate mortgage averaged 4.55%.

Mortgage rates this week. A year ago, it was 4.02 percent. Four weeks ago, the rate was 4.71 percent. The 30-year fixed-rate average for this week is 0.14 percentage points below the 52-week high of 4.80 percent, and is 0.71 percentage points higher than the 52-week low of 3.95 percent.

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