September 5, 2019 / 2:49 PM / 12 days ago

U.S. 30-year mortgage rates hit lowest since Oct 2016 - Freddie Mac

NEW YORK, Sept 5 (Reuters) - Borrowing costs on U.S. 30-year fixed-rate mortgages fell to their lowest level since October 2016 in step with declining bond yields due to economic and trade worries, Freddie Mac said on Thursday.

The interest rates on 30-year mortgages averaged 3.49% in the week ended Sept. 5, down from 3.58% a week ago and 4.54% a year earlier, the mortgage finance agency said. (Reporting by Richard Leong)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below