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!
The average mortgage interest rate for between two and five years averaged 3.54% in May, its lowest figure since summer 2005, the Dutch central bank said on Wednesday. Mortgage brokers say the low.
WASHINGTON — Rates on 30-year-fixed mortgages dropped this week to their lowest levels in at least 37 years, as the Federal Reserve pledged to pour money into the mortgage market in an effort to spur.
Mortgage Rates Drop To A 16 Month Low – But For How Long? October 15, 2014 Shashank Shekhar Growing concerns about weak economic growth and Fed’s indication of delaying rate hikes, plummeted the mortgage rates to the lowest levels in 16 months.