That improvement trend has been fairly consistent until yesterday, March 25, 2015, when rates took a big single-day move higher. For about a dozen days now rates have been on the downward trajectory, but yesterday’s move puts 30-year fixed rate conventional mortgages at a best-execution rate of 3.75% depending on the lender.
The survey provides monthly information on interest rates, loan terms, and house prices by property type (all, new, previously occupied), by loan type (fixed- or adjustable-rate), and by lender type (savings associations, mortgage companies, commercial banks, and savings banks), as well as information on 15-year and 30-year fixed-rate loans.
The average 30-year fixed mortgage rate is 3.97%, up 2 basis points from 3.95% a week ago. 15-year fixed mortgage rates rose 3 basis points to 3.30% from 3.27% a week ago.
Concurrently with the publication in the Federal Register, the Department will update the below list of debenture interest rates. For your convenience, here is a listing from 1980 to date. Debenture interest rates in effect prior to 1980 are available in the FHA Single Family Insurance Claims Handbook 4330.4, Revision 1, Appendix 4.
Home Mortgage Rates Historical Mortgage Rates by Month – 1986 to 2016 HSH’s National Monthly Mortgage Statistics: 1986 to 2016 HSH’s Fixed-Rate Mortgage Indicator (FRMI) averages 30-year mortgages of all sizes, including conforming, expanded conforming, and jumbo.
Barry Habib, a well-known mortgage rate commentator, says mortgage rates will be "the lowest they’ve ever been" in the next 12 months. Yes, lower than the 3.31%, 30-year fixed average seen.
Mortgage Fraud is Rising – Here’s What You Need to Know The Growth of Mortgage Fraud. Mortgage fraud is on the rise for multiple reasons: Rising Demand for Homeownership: U.S. homeownership rates hit 64.2%, according the the U.S. Census data released in January, 2018. Homeownership has been on the rise since 2016, when it hit a 50-year low of 62.9%.
TODAY’S INTEREST RATES: February 23rd 2015 30 year fixed rates, February 24th 2015 30 year fixed rates, February 25th 2015 30 year fixed rates, February 26th 2015 30 year fixed rates, February 27th 2015 30 year fixed rates, February 28th 2015 30 year fixed rates, March 1st 2015 30 year fixed rates.
As of February 2015, current USDA 30 year fixed rates are starting off the year much lower versus a year ago. USDA 30 year interest rates are currently in the mid to high 3 % area with NO discount points by most Florida brokers and mortgage companies as we start February.
· The FHA MIP rates for annual mortgage insurance dropped for the first time in many years at the start of 2015. The new rate is 0.85%, dropping 50 basis points from its previous 1.35%. This served as a significant savings for homebuyers as the difference in that monthly payment made it more affordable for more people to use FHA financing.