Average Mortgage Rate right nowMortgage rate average at the moment
The average price is now set at a 30-year firm price at a low of 7 weeks. This is what the Economic and Housing Research Group at Freddie Mac had to say about this week's prices: "For the second year in a row, mortgage interest fell. Home buyers have taken the opportunity of the recent interest rate hike, which resulted in a 4 per cent rise in buying requests last weekend.
Even though there has been stable momentum in terms of the rise in the cost of debt this year, it should be noted that the rate of increase in purchasing credit balance this year - and particularly since March - has so far weakened. The mortgage interest rate has fallen to a level that has not been observed for almost two month.
Surely this is great news for anyone who is about to buy a new home or re-finance their current mortgage. But mortgage interest levels are likely to rise again in the next few weeks and month, so you should take steps soon to prevent the risks of blocking at a higher rate.
Find out what you can do to get the best possible interest rate. Claims for US jobless benefit dropped by 1,000 to 222,000 compared to the previous workweek. Remarkable happenings this week: If he' s not currently penning on mortgage-related subjects, you can find him gambling ping-pong or whammying on his electrician.