The average rate for a 30-year home loan just crossed the 4% threshold, according to the latest survey by The latest mortgage trends for Washington home buyers and homeowners planning to refinance should create a sense of urgency. Updated on Washington Mortgage Rate Trends in 2018
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30 Year Fixed Mortgage Rate – Historical Chart. Interactive historical chart showing the 30 year fixed rate mortgage average in the United States since 1971. The current 30 year mortgage fixed rate as of July 2019 is 3.75.
Rates are low. That makes previously unaffordables homes affordable, to the tune of $200 per month on a $350,000 mortgage, for every 1% rate drop. In 2018, buyers were sitting the fence.
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After a year of steadily rising home prices, home buyers across Washington State are eyeing 2018 with a renewed sense of urgency. And many are probably asking the same questions: What can we expect in 2018, in terms of mortgage rate trends and home price changes?
The Monthly Housing Trend report for July shows a 7% decline. up from $225,000 a year ago but lower interest rates mean.
Fannie Mae Changes Condo Mortgage Guidelines – current mortgage rates & Interest rate trends current mortgage Rates for June 20, 2018. Mortgage rates are improving today. For buyers of homes and refinancing households, interest rates are lower on all loan types and loan terms, including for the 30-year fixed, 15-year fixed, and 5.
The most important rate in the mortgage industry has dropped. Better late than never. The benchmark posted 5-year fixed rate has fallen from 5.34% to 5.19%. It’s the first change since May 9, 2018. And it’s the first decrease since Sept. 7, 2016, despite a 106-basis-point nosedive in Canada’s 5-year bond rate since November 8.
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