Fixed mortgage rates hit 50-year lows: Freddie Mac

Mortgage rates are at 50-year lows. But a funny thing happened. The average 30-year fixed-rate mortgage fell to 4.58 percent this week, the lowest rate on record, mortgage-purchaser Freddie Mac.

With mortgage rates still low but gradually increasing, and prices for real. rates reached the historic peak in the early 1980s, hitting over 18% per. reaching the historic low of 3.41% for 30-year fixed-rate mortgage on the. According to Freddie Mac, over the last year the rates for 1/5, 15- and 30-year.

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30-year fixed-rate mortgage (FRM) averaged 3.58 percent with an average 0.5 point for the week ending April 14, 2016, down from last week when they averaged 3.59 percent. A year ago at this time, the 30-year FRM averaged 3.67 percent.

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Mortgage Rates at 21 Month Lows. June 6th, Freddie Mac’s Weekly Survey was released this morning with its most recent assessment of the mortgage rate landscape. See the details of their survey below.. 30 year fixed mortgage Rates Drop To Levels Last Seen in 2016.

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 · It wasn’t until Aug. 30, 1991 that Freddie began keeping track of the 15-year fixed rate. On that day the rate was 8.77 percent. Today, the rate stands at 3.25 percent.

Mortgage rates fell to the lowest level since February 2015, mortgage provider Freddie Mac said, as Federal Reserve chair janet yellen sent a dovish message that tamped down Treasury yields. The.

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WASHINGTON (2/6/15)–After edging up the week prior, average fixed-mortgage rates fell back near their May 2013 lows this week, according to numbers from Freddie Mac. The 30-year fixed-rate mortgage rate averaged 3.59% for the week ending Feb. 5, down from 3.66% the week prior ( Feb. 5).

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Mortgage Rates Hit 50-Year Low If you see an attractive rate, you may want to lock it. The average rate on a 30-year fixed-rate mortgage. the economy.

 · NEW YORK, March 21- Interest rates on U.S. 30- year, 15- year fixed-rate mortgages fell to their lowest in over 13 months as bond yields have decreased.

Last week’s survey results reported an interest rate of 4.35%. This is a welcome change from the near 5% rates seen in mid-November. At 4.32%, the second week of February 2018 was the last time rates were this low. This can be seen in the chart below. Freddie Mac’s Chief Economist, Sam Khater, had this to say: