Fixed mortgage rates hit 50-year lows: Freddie Mac

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The 30-year fixed-rate mortgage averaged 4.75% in the dec. 6 week, down six basis points, mortgage liquidity provider Freddie Mac said Thursday. The 15-year fixed-rate mortgage averaged 4.21%, down.

View data of the average interest rate, calculated weekly, of fixed-rate mortgages. Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States.

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Freddie Mac’s forecast shows that mortgage originations in the third quarter will increase by $60 billion, or 11%, over the second quarter. But Freddie Mac cautions that originations will calm.

Interest rates on U.S. 30-year fixed-rate mortgages fell to their lowest level in about four months as benchmark 10-year U.S. Treasury yields fell to a six-week low this week, Freddie Mac said on.

With a fixed-rate mortgage, your interest rate will be locked in for the life of the loan. This means that your monthly mortgage payments will remain the same for the entire term of the loan, whether it’s a 15-, 20- or 30-year mortgage.

According to Freddie Mac (OTC: FMCC) latest Primary Mortgage market survey (pmms), showed that mortgage rates, fixed and adjustable, reaching all-time record lows providing further incentive for those homeowners looking to refinance. The 30-year fixed averaged 4.15 percent, breaking the previous record low of 4.17 percent set November 11, 2010.

Freddie Mac: Fixed-Rate Mortgages Hit a New Year-To-Date Low May 19 – Freddie Mac (OTC: FMCC) has released the results of its Primary Mortgage Market Survey, which shows fixed-rate mortgages declining for the fifth consecutive week amid mixed economic and housing data.

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Mortgage Rates Hit New 2016 Lows PDF Version MCLEAN, VA–(Marketwired – Apr 14, 2016) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS ), showing mortgage rates declining slightly from the previous week to reach a new low for the year.

One analysis indicates that rates have hit a 50-year low. 30-Year Fixed Mortgage. The average 30-year fixed rate mortgage was 4.90 percent Friday, according to data collected by Best Syndication News. Rates dropped from 4.94 percent Thursday and 4.97 percent last Friday. Freddie Mac calculated the average to be 4.84 percent this last week.

fixed-rate mortgages decreased to their lowest levels since mid-September in line with lower U.S. bond yields due to worries about slowing U.S. economic growth, Freddie Mac said on Thursday..