Mortgage Rates Reach 16-Month Low

U.S. mortgage rates on 30-year fixed loans have fallen to a record low after the Federal Reserve last week announced its plan to reduce borrowing costs by replacing short-term debt with more long-term.

Mortgage Rates Reach 16-Month Low June 10, 2019 2:13 pm. After five weeks on the decline, mortgage rates in the U.S. have finally reached their lowest point in 16 months. If you have been considering a home purchase or refinance, now is an excellent time to make the jump!

Mortgage rates have been drifting downward since the end of 2018, and have now reached a 16-month low.

Freddie Mac, the mortgage company, reported Thursday that average rates on 30-year fixed-rate mortgages dropped to 5.19 percent, down from the year’s previous low of 5.47 percent, set last week.

Mortgage Rates Reach 16-Month Low June 10, 2019 2:13 pm. After five weeks on the decline, mortgage rates in the U.S. have finally reached their lowest point in 16 months. If you have been considering a home purchase or refinance, now is an excellent time to make the jump!

Mortgage rates have been drifting downward since 2018, and have now reached a sixteen-month low.

Mortgage Rates Reach 16-Month Low June 10, 2019 2:13 pm After five weeks on the decline, mortgage rates in the U.S. have finally reached their lowest point in 16 months.

Mortgage Rates Reach 16-Month Low June 10, 2019 2:16 pm. After five weeks on the decline, mortgage rates in the U.S. have finally reached their lowest point in 16 months. If you have been considering a home purchase or refinance, now is an excellent time to make the jump!

Mortgage Rates Reach 16-Month Low June 10, 2019 2:03 pm. After five weeks on the decline, mortgage rates in the U.S. have finally reached their lowest point in 16 months. If you have been considering a home purchase or refinance, now is an excellent time to make the jump!

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The rate is the lowest since Freddie Mac’s weekly mortgage rate survey began in April 1971. Mortgage rates started falling after the Federal Reserve launched a sweeping new effort in late November to.

Mortgage Rates Reach 16-Month Low June 10, 2019 2:16 pm After five weeks on the decline, mortgage rates in the U.S. have finally reached their lowest point in 16 months.

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