Average 30-year mortgage rate falls to 4.1% · PERT Florida Real Estate School

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Low Unemployment – The unemployment rate dropped to 4.1% in October. Low Interest Rates – How long can mortgage interest rates stay near historically low levels? It appeared that 2017 may break the.

Drops in mortgage rates, median home prices help buyers in Gallatin Valley One point equals 1 percent of the loan amount. The average fee for a 30-year mortgage was unchanged from last week at 0.6 point. The fee for a 15-year loan also held steady at 0.6 point. The average rate on five-year adjustable-rate mortgages remained at 2.95 percent; the fee was unchanged at 0.4 point.

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A year ago, the 30-year rate was at 4.13%. A record low of 3.31% for the 30-year mortgage was reached in November 2012. The average rate for the 15-year fixed-rate mortgage fell to 3.21% in the.

Average 30-year mortgage rate falls to 4.1% PERT Florida Real Estate School WASHINGTON (AP) – Average U.S. rates on fixed mortgages fell this week for a second straight week as the spring home-buying season has gotten off to a slow start.

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And 30-year. lower your rate by two percentage points. Many homeowners could get that chance this year, since fixed-rate mortgages could drop from a current 9.65% to as little as 8.25%, according.