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Refi Alert: Mortgage Rates Are the Lowest in Almost 2 Years More Mortgage rates keep falling and falling, and now they’ve gone all the way down to levels not seen in almost two years .
On July 5, 2019, according to Bankrate’s latest survey of the nation’s largest mortgage lenders, the benchmark 30-year fixed mortgage rate is 3.81 percent with an APR of 3.94 percent.
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With mortgage rates falling to their lowest level in over a year, refinance volume drove this week's increase in application activity, according to.
The mortgage bankers association reports applications to refinance a mortgage last week were up almost 33% from a year ago. (Thinkstock) With mortgage rates at the lowest levels in more than a year.
From Freddie Mac’s weekly survey: For the sixth week in a row, and reaching its lowest level since September. Debra was delaying her cash-out refinance (mortgage interest clock starts ticking once.
Today’s Fifteen Year Mortgage Rates 15 vs 30 Year Loans. The most popular mortgage product across the United States is the 30-year fixed-rate mortgage. The reason most buyers opt for a 30-year fixed rate is they are guaranteed a stable monthly payment and the longer loan duration means they do not have a high monthly payment.