Posted on 09 July 2009
Tags: 30-year mortgage rate, average 30-year mortgage rate, fall in mortgage rates, freddie Mac, government, interest rate, labor market, lenders, low interest rate, market concerns, mortgage
lenders, mortgage loans, mortgage rate, mortgages, Real Estate, Treasury securities, U.S. 30-year mortgage rate, U.S. long-term fixed mortgage rates, unemployment rate
Again there has been a fall in the U.S. long-term fixed mortgage rates. The rates fell for the third time in four weeks. The rates have slid down up to lowest level in six-weeks.
In the week ended on July 9, the average 30-year rate have declined to 0.12 % point to 5.20 %, it was said by Freddie Mac on Thursday.
The rate was 6.37 % a year earlier; it is said by the second-largest U.S. home funding company.
In a statement it was said by Frank Nothaft, Freddie Mac’s chief economist, that the Interest rates for 30-year fixed-rate mortgages have fallen for the second week in a row to the lowest level in six weeks amid market concerns over a weakening labor market.
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Posted on 05 July 2009
Tags: fall in mortgage rates, fall in the rates, interest rate historical graph, interest rate trend, Interest Rates, Interest Rates Trends, lowest ever recorded rates, Moetgage rates goes up, Mortgage Interest Rates Trends, mortgage rate trends, Mortgage rates comes down, National Average Contract Mortgage Rate, Real Estate, rise in mortgage rates, rise in the rates
Here in this article we are presenting the National Average contract Mortgage Rates from the year 1963 up to the year 2009.
Following the above graph which starts from year 1963 as you can see that the National Average contract Mortgage Rate was 6% and after the year 1965 we can see a rise in the rates and the rates continues to rise up till 1970 when the rate was above 8% after that there was a fall in the rates till 1972 and after that the rates again rises and from the year 1974 to 1977 the rate was quite stable.
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Posted on 04 July 2009
Tags: 30 year FRM, 30 Year mortgage rate trends, fall in mortgage rates, FRM, Historical Graphs for 30 Year FRM, Historical Graphs for 30 Year FRM 1971-2009, Interest Rates, Interest Rates Trends, Moetgage rates goes up, Mortgage Interest Rates Trends, Mortgage rates comes down, Real Estate, rise in mortgage rates, the prime rates
In this article we have given the 30 Year mortgage rate trends from the year 1971 up till 2009. The graph below shows the rates of 30 Year FRM and the prime rates.
Following the above graph which starts from June 1971 the rates of 30 Year FRM was in between 7% and 8% where as the prime rates were in between 5% to 6% after that the 30 Year FRM rates were quite stable up till June 1973 but soon after that it rises up to 9% then there we can see a little drop in June 1974 and then after that it again rises up to 10%.
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