US long-term mortgage rates fall; 30-year average at 3.82%

Average US 30-year Mortgage Rate At 4.12 Percent This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in.

US long-term mortgage rates fall; 30-year average at 3.75% Updated 12:28 pm CDT, Thursday, July 25, 2019 In this Friday, July 19, 2019 photo, a For Sale sign is posted in front of a home in Miami.

The declining rates have been a boon to potential purchasers in the spring home buying season, and the number of homeowners seizing the opportunity to refinance mortgages jumped this week. Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage dipped to 3.82% from 3.99% last week.

WASHINGTON (AP) – U.S. long-term mortgage rates fell for the fifth consecutive week, tipping the key 30-year loan average below 4% for the first time in nearly a year and a half.

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U.S. long-term mortgage rates fell for the sixth consecutive week, with the key 30-year loan average running below 4% and at its lowest point since September 2017. The declining rates have been a boon.

The average doesn’t include extra fees, known as points, which most borrowers must pay to get the lowest rates. The average fee on 30-year fixed-rate mortgages fell this week to 0.5 point from 0.6.

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WASHINGTON (AP) – U.S. long-term mortgage rates fell for the sixth consecutive week, with the key 30-year loan average running below 4% and at its lowest point since September 2017.

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Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage dipped to 3.82% from 3.99% last week. By contrast, a year ago the benchmark rate stood at 4.54%.

Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage dipped to 3.82% from 3.99% last week. By contrast, a year ago the benchmark rate stood at 4.54%.

US long-term mortgage rates fall; 30-year average at 3.82% June 6, 2019 at 8:27 am Updated June 6, 2019 at 9:54 am FILE – This April 13, 2019, file photo, shows rows of homes, in suburban Salt.

FILE – This April 13, 2019, file photo, shows rows of homes, in suburban Salt Lake City. On Thursday, June 6, Freddie Mac reports on this week’s average U.S. mortgage rates. (ap photo/rick bowmer,