what is the average morgage rate

If you see an attractive rate, you may want to lock it. The average rate on a 30-year fixed-rate mortgage has ticked up to 3.75%, from last week’s 3.73%, says mortgage company Freddie Mac. The loans.

National Average Mortgage Rates. Mortgage rates vary depending upon the down payment of the consumer, their credit score, and the type of loan that will be acquired by the consumer. For instance, in February, 2010, the national average mortgage rate for a 30 year fixed rate loan was at 4.750 percent (5.016 APR).

When comparing home loans, checking out the current average home loan interest rate on this page gives you a quick and easy way to compare rates for different mortgages on the market at any given.

These average rates are intended to give you a snapshot of overall market trends and may not reflect specific rates available for you. Shop and compare your personalized rates from multiple lenders. Today’s Mortgage Interest Rates: July 18, 2019

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The average for the month 3.85%. The 30 Year Mortgage Rate forecast at the end of the month 3.81%. mortgage interest Rate forecast for August 2019. maximum interest rate 3.99%, minimum 3.75%. The average for the month 3.86%. The 30 Year Mortgage Rate forecast at the end of the month 3.87%. 30 Year Mortgage Rate forecast for September 2019.

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The National Average Contract Mortgage Rate is derived from the Federal Housing Finance Agency's Monthly Interest Rate Survey (MIRS). Prior to October .

HSH’s Fixed-Rate Mortgage Indicator (FRMI) averages 30-year mortgages of all sizes, including conforming, expanded conforming, and jumbo. The FRMI has been published as a continuous series since the early 1980s. separate statistical series for conforming and jumbo loans have long been available to HSH clients.

The series is the average contract rate reported by a sample of mortgage lenders– savings and loan associations, savings banks, commercial banks, and mortgage companies — for loans closed during the first 5 working days of the month up through October 1991 and for the last 5 working days of the month since November 1991. The rate is based on.

The average rate on 30-year fixed-rate mortgages has dipped to 4.10%, from last week’s 4.14%, reports mortgage giant Freddie Mac. Rates are a real bargain compared to a year ago, when the benchmark.

What would it mean for the average American’s pocketbook. Consumers with floating-rate loans, like adjustable-rate mortgages and home equity lines of credit, for example, could also benefit from.