Average 30-year mortgage rate falls to 4.1% · PERT Florida Real Estate School

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The 30-year fixed-rate loan is the most common term in the United States, but as the economy has went through more frequent booms & busts this century it can make sense to purchase a smaller home with a 15-year mortgage. If a home buyer opts for a 30-year loan, most of their early payments will go toward interest on the loan.

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Average US rate on 30-year mortgage falls. US mortgage giant Freddie Mac says the national average for a 30-year fixed-rate mortgage declined to 3.78 per cent from 3.86 percent last week.

Freddie Mac began a weekly mortgage rate survey in 1971. This week the survey reports that national average interest rates for a 30 year mortgage have fallen to the lowest rate since the survey began – 4.96%. A year ago that same loan averaged 5.69% . The Mortgage Bankers Association is reporting an even lower [.]

Average 30-year mortgage rate falls to 3.65% Associated Press Published 5:05 p.m. ET Feb. 14, 2016 In this Tuesday, Jan. 26, 2016, photo, a "For Sale" sign hangs in front of an existing home in.

By Crissinda Ponder Bankrate.com Mortgage rates fell this week after China’s economy suffered a major setback that disrupted international markets, and U.

Banks unfairly deny mortgages to African-Americans and Latinos – report Fifty years after the federal Fair Housing Act banned racial discrimination in lending, African Americans and Latinos continue to be routinely denied conventional mortgage loans at rates far.

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