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DFW Housing Market News and Trends

 

ONE OF SEVERAL REASONS DFW HOME PRICES KEEP GOING UP: Average U.S. 30-Year Mortgage Rate Edges Down.

 
Fox Business News, April 4, 2017.
Long-term U.S. mortgage rates barely moved this week after rising last week for the first time in five weeks. The benchmark 30-year rate remained above the key threshold of 4 percent.

Mortgage buyer Freddie Mac said Thursday the average rate on 30-year fixed-rate home loans ticked down to 4.02 percent from 4.03 percent last week. The rate stood at 3.66 percent a year ago and averaged 3.65 percent in 2016, the lowest level in records dating to 1971.


 

Posted on Tuesday, May 4th, 2017 at 10:52 am by H. David Ballinger
 



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